https://www.taxtmi.com/caselaws?id=199192 A contractual clause was treated as a valid arbitration agreement where the wording, read as a whole and with surrounding correspondence, showed a clear intention to submit future disputes to the statutory arbitral process, even though the words "arbitration" or "arbitrator" were absent. The court also found that a request for appointment of an arbitrator was not premature because settlement efforts had failed, the parties had taken firm positions, and no mutual satisfaction or discharge of claims had occurred. A live dispute therefore subsisted, making the Section 11 application maintainable and supporting appointment of an arbitrator. en-us Tue, 02 Dec 2008 00:00:00 +0530 Tue, 05 Dec 2023 14:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=199192 A contractual clause was treated as a valid arbitration agreement where the wording, read as a whole and with surrounding correspondence, showed a clear intention to submit future disputes to the statutory arbitral process, even though the words "arbitration" or "arbitrator" were absent. The court also found that a request for appointment of an arbitrator was not premature because settlement efforts had failed, the parties had taken firm positions, and no mutual satisfaction or discharge of claims had occurred. A live dispute therefore subsisted, making the Section 11 application maintainable and supporting appointment of an arbitrator. Case-Laws Companies Law Tue, 02 Dec 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=199192