https://www.taxtmi.com/caselaws?id=287471 A clause stating that disputes "can be settled by Arbitration" was treated as permissive rather than a present and binding submission to arbitration. A valid arbitration agreement requires a concluded obligation to refer present or future disputes to arbitration; wording that merely contemplates arbitration, or leaves it to a later agreement, is only an agreement to agree and cannot displace the ordinary right to sue. Because the clause did not clearly identify who could invoke arbitration, it was considered uncertain and ineffective as an arbitration agreement. en-us Fri, 27 Jan 1956 00:00:00 +0530 Wed, 15 Apr 2020 14:47:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=287471 A clause stating that disputes "can be settled by Arbitration" was treated as permissive rather than a present and binding submission to arbitration. A valid arbitration agreement requires a concluded obligation to refer present or future disputes to arbitration; wording that merely contemplates arbitration, or leaves it to a later agreement, is only an agreement to agree and cannot displace the ordinary right to sue. Because the clause did not clearly identify who could invoke arbitration, it was considered uncertain and ineffective as an arbitration agreement. Case-Laws Indian Laws Fri, 27 Jan 1956 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=287471