Don’t Be Stamped Out: Unstamped Arbitration Agreement Becomes Invalid

The Indian Stamp Act, 1889 (referred to as “Stamp Act”) lays down the requirement of the instruments which are required to be stamped[1] and it is duty of the Courts to examine whether every instrument which necessarily is to be stamped, has been duly stamped and if the same is not, then the Court may impound any such instrument which appear to not...