Delhi High Court holds that an Arbitration clause does not survive on Novation of the Contract
Recently, on 02.06.2023, the Delhi High Court passed a judgement in the case of B.L Kashyap and Sons Ltd Vs. Mist Avenue Private Ltd dismissed a petition filed under Section 34 of the Arbitration and Conciliation Act, 1996 (‘the Act’) for setting aside an Arbitral Award. The issue involved was whether an arbitration clause survive on the novation of the contract.
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