FCRA & electoral bonds issue: Supreme Court upholds fair play principles once again

In doing so, the Apex Court re-affirmed the primary purpose of arbitration as ‘de-clogging the Court system.’ The Court held that such a pre-deposit clause was itself a ‘clog’ on entering the arbitral process and would render the same impermissibly ‘ineffective and expensive.’

from Moneycontrol https://ift.tt/2Ov41vl