Constitution Bench of Supreme Court to decide whether non-payment of stamp duty on contract will invalidate arbitration clause in the contract

This development came about after a three-judge Bench of the Supreme Court on Monday differed with the earlier judgments of the top court in this regard.
Constitution Bench of Supreme Court to decide whether non-payment of stamp duty on contract will invalidate arbitration clause in the contract
Justices Indu Malhotra, DY Chandrachud, Indira Banerjee Supreme Court

A Constitution Bench of the Supreme Court will decide whether non-payment of stamp duty on a commercial contract would invalidate even the arbitration clause, which is part of such contract, and make it invalid or unenforceable in law.

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