Arbitration Clause In Partnership Firm's Agreement Remains Valid If Assets And Liabilities Transferred To Private Limited Company: Punjab And Haryana High Court

Chandigarh: In a recent judgment delivered on 06.08.2024, the Punjab and Haryana High Court addressed a significant dispute between Shanker Printing Mills and United India Insurance Company Ltd. under the Arbitration and Conciliation Act, 1996. The judgment, presided over by HON'BLE MR. JUSTICE JAGMOHAN BANSAL, centers around the appointment of an arbitrator as sought by Shanker Printing Mills following a disagreement over an insurance claim. Background of the Case Shanker…