https://www.taxtmi.com/caselaws?id=174541 A stay of suit under the Foreign Awards (Recognition and Enforcement) Act, 1961 requires an actual submission or completed reference to arbitration; an arbitration clause alone is not enough. The Court read "submission made in pursuance of an agreement" in its statutory context and declined to equate it with a mere contractual agreement to arbitrate. Where the suit could not be stayed on that basis, the Court upheld interim injunctive relief restraining participation in the Moscow arbitration, treating concurrent foreign arbitration and domestic proceedings as undesirable and prejudicial on the facts found. en-us Tue, 28 Oct 1969 00:00:00 +0530 Fri, 09 Oct 2015 17:43:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=174541 A stay of suit under the Foreign Awards (Recognition and Enforcement) Act, 1961 requires an actual submission or completed reference to arbitration; an arbitration clause alone is not enough. The Court read "submission made in pursuance of an agreement" in its statutory context and declined to equate it with a mere contractual agreement to arbitrate. Where the suit could not be stayed on that basis, the Court upheld interim injunctive relief restraining participation in the Moscow arbitration, treating concurrent foreign arbitration and domestic proceedings as undesirable and prejudicial on the facts found. Case-Laws Indian Laws Tue, 28 Oct 1969 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=174541