The Supreme Court of India, comprising a bench of Justice Manmohan and Justice Manoj Misra, has referred the question of whether a contractual clause requiring a contractor to deposit 10% of a claim amount prior to initiating arbitration is constitutional and legally permissible to the Chief Justice of India for reference to a larger bench.
Can Contractor Be Required to Make Pre-Deposit Before Invoking Arbitration? Supreme Court Refers Issue to Larger Bench
