Clause Empowering Contract Signatories to Resolve Disputes Not a Valid Arbitration Agreement Due to Lack of Impartiality: Calcutta High Court

In a recent ruling, the Calcutta High Court, under the leadership of Justice Shampa Sarkar, delivered an important judgment regarding the enforceability of arbitration clauses. The case, Balasore Alloys Limited versus Flynt Mining LLP, was centered around whether a dispute resolution clause in a contract that involved parties directly linked to the contract's execution could be considered a valid arbitration agreement under the Arbitration and Conciliation Act, 1996. Dispute Between…