Arbitration and Conciliation Act, 1996: Dispute Over Arbitration Clause Leads to Quashing of Trial Court's Order: Karnataka High Court
In a recent development, the Karnataka High Court intervened in a case under the Arbitration and Conciliation Act, 1996, titled WP No. 4604 of 2018. The case revolves around a dispute arising from a Joint Venture Agreement between the plaintiff and defendants. Background of the Case: The plaintiff filed OS No.27293 of 2011 seeking a mandatory injunction against defendant No.3 and a permanent injunction against defendant No.1 and defendant No.5.…