Arbitration clause in unstamped, insufficiently stamped agreements enforceable: SC

Wednesday, 13 December 2023
The Supreme Court ruled that the arbitration clause in an unstamped agreement is enforceable as the defect is curable. This verdict overruled a previous judgment and has significant consequences for corporate agreements. The court held that non-stamping of an agreement does not render it void but inadmissible as evidence. The court stated that objections regarding stamping fall within the ambit of the arbitral tribunal.

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SC: Unstamped arbitration agreements are enforceable

A seven-judge Constitution bench of the Supreme Court on Wednesday overruled the verdict of a five-judge bench and held that arbitration clauses in unstamped or...
IndiaTimes on December 13, 2023

Arbitration clause in unstamped, insufficiently stamped agreements enforceable: SC

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SC: Unstamped arbitration agreements are enforceable