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    <title>2023 (7) TMI 1497 - BOMBAY HIGH COURT</title>
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    <description>At the Section 11 referral stage, a court applies only a prima facie test to non-arbitrability and may refer disputes arising from a composite commercial transaction to arbitration where they are not clearly covered by a special statutory forum. A put-option and related monetary claim was treated as enforcement of contractual obligations, not a plain debt recovery matter within the Debt Recovery Tribunal&#039;s exclusive domain, so the arbitration objection failed. The guarantor was held bound by the interlinked transaction documents despite not signing the principal agreement, because the guarantee formed part of the same commercial arrangement. The stamp-duty objection also failed, as the instrument was held sufficiently stamped and the arbitration clause enforceable.</description>
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