Court should not interfere at pre-appointment stage of Arbitration for Insufficiency of Stamp Duty

Vivek Mehta Vs KaRRs Designs & Developments (Bombay High Court) In the present case, the MOU is executed on stamp paper of Rs.100/-. Thus, there is no question of the document being “unstamped”. It is at best insufficiently stamped and if a document is insufficiently stamped, then we have to consider the effect of the Supreme Court’s decision in Intercontinental Hotels (supra) which takes into consideration the decision in Garware Wall Ropes, N.N. Global, Vidya Drolia, SMS Tea Estate (supra) and then concludes that while there is a need to constitute a larger bench to settle the juri...