In a recent judicial development, the Allahabad High Court has made a significant ruling regarding arbitration proceedings. The case in question involving M/S Samyam Industries and others as petitioners and Shivalik Small Finance Bank Ltd. as the respondent, saw Justice Manju Rani Chauhan presiding over the matter. The crux of the issue lay in the
Allahabad High Court Rules that Compliance of Section 21 of Arbitration Act is Mandatory
