SHRI J.K. JAIN vs DELHI DEVELOPMENT AUTHORITY .

The Supreme Court upheld the High Court's decision affirming the appointment of an Arbitrator under Clause 14 of the contract between the appellants and the Delhi Development Authority. The Court found that the appellants were indeed parties to the Arbitration Agreement as evidenced by their acceptance of the tender and the formal agreement executed. The Court clarified that disputes arising from the contract must be referred to arbitration, thereby reinforcing the binding nature of arbitration clauses in contracts.