The Supreme Court of India has set aside an order of the Bombay High Court that appointed a sole arbitrator in a dispute between the Maharashtra State Electricity Distribution Company Limited (MSEDCL) and R Z Malpani. A bench comprising Justice J.K. Maheshwari and Justice Atul S. Chandurkar held that a Letter of Intent (LOI) which
Letter of Intent is a ‘Promise to Make a Promise,’ General Reference Does Not Incorporate Arbitration Clause: Supreme Court
