Agreement not sufficiently stamped, cannot be acted upon by the Court.
The Supreme Court has observed that an arbitration clause in an agreement which is required to be duly stamped, was not sufficiently stamped, cannot be acted upon by the Court. In this case, one of the parties to the agreement filed a petition under Section 11(6) of the Arbitration Act before the High Court of Karnataka.The other party, entered appearance and contended that the lease deed beinRead More…