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Head Note

The Arbitration and Conciliation Act, 1996  - Section 11 (6) , Section 7 , Section 2

Arbitrator - Appointment of - Agreement between First and Second respondent i.e. 'W' and 'S' - 'S' is promotor of appellant company 'I' - Board of Director of 'W' and 'S' ap-proved agreement - However, there is no approval of Board of Directors of 'I' - Dispute between 'W' and 'S' - Whether 'I' who was not signatory of agreement is bound by agreement - Held - No claim against 'I' or no dispute can be the subject-matter of reference to Arbitrator.

The Arbitration and Conciliation Act, 1996  - Section 11 (6) , Section 7 , Section 2

Arbitrator - Appointment of - Agreement between 'W' and 'S'-'S' is promotor of another company 'I - 'S' was also Director of promotee Company - Whether promotee Company bound by agreement between 'W' and 'S' - Held - No.

Topic(s)-Appointment of Arbitrator

Important Decision(s)- Promoter of company approved agreement - No approval of Board at Directors - Company is bound by agreement - No.