Court Affirms Validity of Arbitration Agreement Despite Reference to Arbitration Act, 1940 as Applicable Law: Karnataka High Court
In a recent judicial pronouncement, the Hon'ble Mr. Justice H.P. Sandesh of the Karnataka High Court has rendered a significant judgment under Section 85 of the Arbitration and Conciliation Act, 1996. Background: The case involved a dispute between M/S. ICDS Ltd., represented by its GPA holder, Smt. Nirmala Prabhakar, and respondents, namely, Sri Bhaskaran Pillai, Sri Anil B. Kumar, and Sri S. Vittala Shettigar. The appellant had filed M.F.A. No.6319/2014…