https://www.taxtmi.com/caselaws?id=310896 A contractual pre-deposit for invoking arbitration was upheld because the deposit was adjustable against any costs awarded and any balance was refundable, making it materially different from a deposit-at-call clause previously struck down. The Court held that this structure did not make the condition arbitrary or unenforceable. It also held that appointing an arbitrator on the claimant's request did not amount to waiver of the pre-deposit requirement, since the appointing authority had not abandoned the condition and the arbitration was to proceed in accordance with the contract. en-us Tue, 02 Aug 2022 00:00:00 +0530 Thu, 23 Nov 2023 19:53:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=310896 A contractual pre-deposit for invoking arbitration was upheld because the deposit was adjustable against any costs awarded and any balance was refundable, making it materially different from a deposit-at-call clause previously struck down. The Court held that this structure did not make the condition arbitrary or unenforceable. It also held that appointing an arbitrator on the claimant's request did not amount to waiver of the pre-deposit requirement, since the appointing authority had not abandoned the condition and the arbitration was to proceed in accordance with the contract. Case-Laws Indian Laws Tue, 02 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=310896