Supreme Court rules non-family shareholders not bound by MoU arbitration u/s 8 of the Arbitration Act.

Supreme Court rules non-family shareholders not bound by MoU arbitration u/s 8 of the Arbitration Act. https://www.taxtmi.com/highlights?id=71149 Arbitration Agreement - Section 8 of the Arbitration and Conciliation Act Act - The MoU has been executed between the appellant and the first respondent. The non-family shareholdings, in any event, cannot be bound by the terms of the MoU since they are not parties to the document. - SC en-us Fri, 28 Jul 2023 13:12:18 +0530 Fri, 28 Jul 2023 13:12:18 +0530 TaxTMI RSS Generator Supreme Court rules non-family shareholders not bound by MoU arbitration u/s 8 of the Arbitration Act. https://www.taxtmi.com/highlights?id=71149 Arbitration Agreement - Section 8 of the Arbitration and Conciliation Act Act - The MoU has been executed between the appellant and the first respondent. The non-family shareholdings, in any event, cannot be bound by the terms of the MoU since they are not parties to the document. - SC Highlights Indian Laws Fri, 28 Jul 2023 13:12:18 +0530 https://www.taxtmi.com/highlights?id=71149