Correspondence Indicating Non-Arbitrability of Dispute Due to Negotiable Instruments Act Proceedings Implies Acknowledgment of Arbitration Clause: Delhi High Court
In a recent judgment delivered on August 21, 2024, the Delhi High Court addressed a crucial issue concerning the existence of an arbitration agreement and the arbitrability of disputes under the Arbitration and Conciliation Act, 1996. The case, titled ARB.P. 533/2022, centered on whether the disputes between the parties, arising from a contract and related to pending criminal proceedings under the Negotiable Instruments Act, 1881, could be referred to arbitration.…