Supreme Court Judgment on Unstamped Agreements – M/s. N.N. Global Mercantile Pvt. Ltd. v. M/s. Indo Unique Flame Ltd. And Ors. CA No. 3802-03/2020
The Hon’ble Supreme Court of India recently made a significant ruling on the validity of unstamped arbitration agreements. A 5-judge bench led by Justice K.M. Joseph held that an unstamped arbitration agreement is not enforceable until the stamp duty and penalties have been paid. The decision was reached by a […]