Recently, the High Court of Delhi ruled that the term sum in dispute mentioned in the 4th Schedule to Arbitration and Conciliation Act of 1996 has to be interpreted to include the aggregate value of claims and counterclaims. The High Court did not agree with the Arbitrator’s opinion that counterclaims and claims have to be
To Read More Please Subscribe to VIP Membership for Unlimited Access to All the Articles, Download Available Copies of Judgments/Order, Acess to Central/State Bare Acts, Advertisement Free Content, Access to More than 4000 Legal Drafts( Readymade Editable Formats of Suits, Petitions, Writs, Legal Notices, Divorce Petitions, 138 Notices, Bail Applications etc.) in Hindi and English.