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

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....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....