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    <description>An application under Section 8(1) of the Arbitration and Conciliation Act, 1996 was held not maintainable where the liability was admitted and acknowledged in the defendants&#039; letter, minutes of meeting and affidavit. Because those documents recorded the outstanding amount and repayment schedule, there was no live dispute or difference concerning rights or obligations capable of reference to arbitration. The arbitration clause could not be invoked to refer an admitted liability to arbitration, and the application was liable to be rejected.</description>
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      <description>An application under Section 8(1) of the Arbitration and Conciliation Act, 1996 was held not maintainable where the liability was admitted and acknowledged in the defendants&#039; letter, minutes of meeting and affidavit. Because those documents recorded the outstanding amount and repayment schedule, there was no live dispute or difference concerning rights or obligations capable of reference to arbitration. The arbitration clause could not be invoked to refer an admitted liability to arbitration, and the application was liable to be rejected.</description>
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