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Arbitration Clause In Unstamped, Insufficiently Stamped Agreements Is Enforceable: SC

Arbitration Clause In Unstamped, Insufficiently Stamped Agreements Is Enforceable: SC
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Arbitration clause in unstamped, insufficiently stamped agreements is enforceable: SC

A seven-judge Constitution bench of the Supreme Court Wednesday held the arbitration clause in an unstamped or insufficiently stamped agreement between parties is enforceable and such a defect is curable and does not render the contract invalid.

The verdict, having significant and far reaching ....

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