https://www.taxtmi.com/caselaws?id=392234 An arbitration agreement embedded in an insufficiently stamped lease deed cannot be acted upon for appointment of an arbitrator under section 11(6) until the instrument is impounded and the deficit stamp duty and penalty are paid. The Court applied the settled stamp-law principle that a document relied on to invoke arbitration must first be duly stamped; otherwise, it cannot be used to enforce the arbitration clause. As the required duty and penalty were not paid, the lease deed could not support appointment of an arbitrator, and the proposed appointment was unsustainable. en-us Fri, 14 Feb 2020 00:00:00 +0530 Mon, 17 Feb 2020 09:04:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=392234 An arbitration agreement embedded in an insufficiently stamped lease deed cannot be acted upon for appointment of an arbitrator under section 11(6) until the instrument is impounded and the deficit stamp duty and penalty are paid. The Court applied the settled stamp-law principle that a document relied on to invoke arbitration must first be duly stamped; otherwise, it cannot be used to enforce the arbitration clause. As the required duty and penalty were not paid, the lease deed could not support appointment of an arbitrator, and the proposed appointment was unsustainable. Case-Laws Indian Laws Fri, 14 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=392234