https://www.taxtmi.com/caselaws?id=193729 An arbitration clause in an unregistered but compulsorily registrable instrument remains valid and enforceable because it is a separable collateral term for dispute resolution, even though the document cannot affect immovable property or be used to prove the underlying transaction. By contrast, an arbitration clause in an instrument that is not duly stamped cannot be acted upon until the stamping defect is cured by payment of duty and penalty, after which the clause may be considered. The stated consequence is that non-registration does not defeat arbitration, but insufficient stamping bars reliance on the clause until rectified. en-us Wed, 20 Jul 2011 00:00:00 +0530 Tue, 01 Aug 2023 10:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=193729 An arbitration clause in an unregistered but compulsorily registrable instrument remains valid and enforceable because it is a separable collateral term for dispute resolution, even though the document cannot affect immovable property or be used to prove the underlying transaction. By contrast, an arbitration clause in an instrument that is not duly stamped cannot be acted upon until the stamping defect is cured by payment of duty and penalty, after which the clause may be considered. The stated consequence is that non-registration does not defeat arbitration, but insufficient stamping bars reliance on the clause until rectified. Case-Laws Indian Laws Wed, 20 Jul 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=193729