Arbitration Agreement Insufficiently Stamped

Does Mayavti apply to arbitration institutions? Can arbitration institutions or bodies object to the stamp in a request for an order for arbitrators? Are arbitral institutions considered to be authorities governed by the Stamps Act that can impose a document? These are all questions that arbitrators are asking, and rightly so. The applicant based its argument primarily on SMS Tea Estates against Chandmari Tea Company (SMS Tea Estates) to support the assertion that an unstamped document was inadmissible as evidence and could not be implemented in an Article 11 application either. To remedy this situation, the respondent argued that, under the new Article 11(6A), the Tribunal was concerned only with the existence of an arbitration agreement and not with its validity. The Tribunal ruled in favour of the applicant and found that the Supreme Court ruled in the present case on a challenge to a decision of the Bombay High Court, which granted the respondent`s request to appoint an arbitrator under paragraph 11, although the subcontract agreement between the applicant and the respondent containing the arbitration clause had not been stamped. . . .