LIVE Course on Transfer Property Law | Price Hike in 4 days | Grab it now!
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

N KANNAN (MANAGER)     22 February 2012

Arbitration validity

The Company has initiated an arbitration claiming the amount due from its client. The proceedings are in progress and without participating in the arbitration the client has filed another arbitration in the stock exchange. Is it valid. can any one explain me in this matter with any HC or SC judgements.


 2 Replies

Renu Sharma (advocate)     22 February 2012

m nt getting ur pt about another arbitration? a person has to go under the agreement according to company. the decision will be binding. if he will not be satisfied by decision then only he can move to court. he himself cannot approach seperate arbitratot if company does not consent. for further queries  send details at

Navaneetha Krishnan (Junior lawyer)     23 February 2012

you have to capture the agreement clauses, if the clause in agreement permits then he can go ahead....... if it does not permit he has to abide your arbitration

Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Post a Suggestion for LCI Team
Post a Legal Query