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    <title>2008 (11) TMI 714 - Supreme Court</title>
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    <description>A memorandum of understanding can contain a valid arbitration agreement where the dispute-resolution wording clearly requires disputes to be solved and decided by an independent arbitrator acceptable to all parties, and such language is not confined to court proceedings. A broadly commercial relationship involving consultancy, technical expertise, business expansion and participation in a subsidiary&#039;s affairs may qualify as an international commercial arbitration when the respondent is a foreign national and the statutory definition is met. A director may act in a dual capacity as director and employee; where the engagement extends beyond ordinary service into executive and policy-oriented functions, the employment objection does not exclude arbitration.</description>
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