https://www.taxtmi.com/caselaws?id=388468 Where parties execute a later amendment or settlement agreement that records revised terms, treats the amended arrangement as part of the original contract, and declares final settlement with no further claims or arbitration, the earlier arbitration agreement does not survive unless the later agreement preserves it. The absence of an express reworking of the arbitration machinery does not revive a substantive right to arbitrate that has been consciously given up by the amended bargain. On that basis, the arbitration clause in the original contract was treated as extinguished and the arbitration petition was held not maintainable. en-us Thu, 14 Nov 2019 00:00:00 +0530 Fri, 15 Nov 2019 12:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=388468 Where parties execute a later amendment or settlement agreement that records revised terms, treats the amended arrangement as part of the original contract, and declares final settlement with no further claims or arbitration, the earlier arbitration agreement does not survive unless the later agreement preserves it. The absence of an express reworking of the arbitration machinery does not revive a substantive right to arbitrate that has been consciously given up by the amended bargain. On that basis, the arbitration clause in the original contract was treated as extinguished and the arbitration petition was held not maintainable. Case-Laws Indian Laws Thu, 14 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=388468