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    <title>2021 (1) TMI 1121 - Supreme Court</title>
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    <description>An arbitration clause embedded in an unstamped work order is treated as a separate and independent agreement under the doctrine of separability, so non-payment of stamp duty on the main instrument does not by itself extinguish the arbitration agreement; the defect is curable and the instrument must be impounded and stamped before the substantive contract is acted upon. Fraud allegations concerning invocation of a bank guarantee, where they arise from the parties&#039; contractual relationship, remain arbitrable unless they amount to serious fraud of a public law character or fraud directed at the arbitration agreement itself. A writ petition challenging refusal to refer disputes to arbitration is not ordinarily maintainable where the Arbitration and Conciliation Act, read with the Commercial Courts Act, provides an efficacious statutory appeal.</description>
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    <pubDate>Mon, 11 Jan 2021 00:00:00 +0530</pubDate>
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      <title>2021 (1) TMI 1121 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=295565</link>
      <description>An arbitration clause embedded in an unstamped work order is treated as a separate and independent agreement under the doctrine of separability, so non-payment of stamp duty on the main instrument does not by itself extinguish the arbitration agreement; the defect is curable and the instrument must be impounded and stamped before the substantive contract is acted upon. Fraud allegations concerning invocation of a bank guarantee, where they arise from the parties&#039; contractual relationship, remain arbitrable unless they amount to serious fraud of a public law character or fraud directed at the arbitration agreement itself. A writ petition challenging refusal to refer disputes to arbitration is not ordinarily maintainable where the Arbitration and Conciliation Act, read with the Commercial Courts Act, provides an efficacious statutory appeal.</description>
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