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    <title>2009 (11) TMI 991 - Supreme Court</title>
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    <description>A shareholder agreement containing an arbitration clause continued to bind the successor company after amalgamation, because the transferor&#039;s contractual obligations and liabilities passed to the transferee. Objections that the agreement was tentative, unstamped, or that the dispute arose from the amalgamation scheme rather than the contract were rejected. The Court treated the dispute as live and surviving, found the claims arbitrable, and held that the agreed appointment procedure had not been followed despite notice. On that basis, the conditions for appointment of a sole arbitrator under Section 11(6) of the Arbitration and Conciliation Act, 1996 were satisfied.</description>
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    <pubDate>Tue, 17 Nov 2009 00:00:00 +0530</pubDate>
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      <title>2009 (11) TMI 991 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=198643</link>
      <description>A shareholder agreement containing an arbitration clause continued to bind the successor company after amalgamation, because the transferor&#039;s contractual obligations and liabilities passed to the transferee. Objections that the agreement was tentative, unstamped, or that the dispute arose from the amalgamation scheme rather than the contract were rejected. The Court treated the dispute as live and surviving, found the claims arbitrable, and held that the agreed appointment procedure had not been followed despite notice. On that basis, the conditions for appointment of a sole arbitrator under Section 11(6) of the Arbitration and Conciliation Act, 1996 were satisfied.</description>
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      <pubDate>Tue, 17 Nov 2009 00:00:00 +0530</pubDate>
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