https://www.taxtmi.com/caselaws?id=199273 A prior commercial understanding that failure to return contract forms would amount to acceptance can create a binding written arbitration agreement when the forms expressly contain arbitration terms. On that footing, non-return of the forms operated as implied acceptance, and the Chamber rules and byelaws with compulsory arbitration became binding. The text also records that Roshan Lal acted for the joint Hindu family business as karta or manager, despite his father being alive, and his conduct in the transactions bound the family firm. The transactions were therefore treated as validly entered into and referable to arbitration under the agreed commercial terms. en-us Tue, 16 May 1967 00:00:00 +0530 Sat, 24 Feb 2018 11:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=199273 A prior commercial understanding that failure to return contract forms would amount to acceptance can create a binding written arbitration agreement when the forms expressly contain arbitration terms. On that footing, non-return of the forms operated as implied acceptance, and the Chamber rules and byelaws with compulsory arbitration became binding. The text also records that Roshan Lal acted for the joint Hindu family business as karta or manager, despite his father being alive, and his conduct in the transactions bound the family firm. The transactions were therefore treated as validly entered into and referable to arbitration under the agreed commercial terms. Case-Laws Indian Laws Tue, 16 May 1967 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=199273