Simultaneous Continuance of Arbitration Proceedings and Section 138 NI Act Proceeding can be initiated from Separate causes of Action: Delhi HC [Read Order]
The Delhi High Court reviews both arbitration processes and Section 138 of the NI Act proceedings, which are distinct causes of action with no bearing on each other while the arbitration is pending.
By Aparna. M - On December 3, 2023 3:00 pm - 2 mins read
The Delhi High court recently ruled that simultaneous continuance of arbitration proceedings and section 138 of Negotiable Instrument Act 1881 proceedings could be initiated , even if the two arise from the separate causes of action. The present petition has been filed by petitioner Newton Engineering And Chemicals Limited seeking quashing of complaint under Section…
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