Held, in the absence of a ratification, approval, adoption or confirmation of the agreement, a company could not be said to be a party to a contract containing an arbitration agreement, when it did not sign the agreement containing an arbitration clause, with reference to its subsequent conduct. In the present case, Respondent No. 2 and Appellant are two independent companies incorporated under the Companies Act, 1956 having separate and distinct legal entity. Mere fact that Respondent No. 2 described Appellant as its nominee or as a company promoted by it, will not make Appellant a party in the absence of a ratification, approval, adoption or confirmation of the agreement by the Appellant.
