Article
Mere General Reference To Tender Documents Does Not Incorporate An Arbitration Clause Into The Contract
In a recent ruling , the Supreme Court examined whether a Letter of Intent (LOI), read together with tender documents containing an arbitration clause, was sufficient to constitute a concluded contract and a valid arbitration agreement under Section 7 of the Arbitration and Conciliation Act, 1996. The appeal arose from an order of the Bombay High Court appointing a sole arbitrator under Section 11 of the Act.
Clasis Law