Non-Signatory Shareholder Executing Interconnected SPA Bound By Arbitration Clause In Settlement Agreement: Supreme Court

The Supreme Court of India, comprising a bench of Justice Sanjay Kumar and Justice Sanjeev Sachdeva, has held that a non-signatory shareholder who executes a separate Share Purchase Agreement to fulfill the broader objectives of a Memorandum of Settlement is a “veritable party” to the arbitration agreement contained in the settlement. The apex court set

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