Supreme Court on Arbitration Agreements

M/s. Unissi (India) Pvt. Ltd. v. Post Graduate Institute of MedicalEducation & Research CIVIL APPEAL NO. 6039 OF 2008 (Arising out of SLP(C) No. 9204 of 2006) decided on October 01, 2008 (available at www.judis.nic.in)

The Court had to decide on whether there was an arbitration agreement, in spite of the fact that no formal arbitration agreement was executed by the parties. The Court, relying on its past decisions, interpreted Section 7 of the Arbitration and Conciliation Act widely and held that there was an arbitration agreement in existance on the basis of acceptance of the tender documents.