The Owners & Parties Interested In vs Vs

The Supreme Court examined the applicability of the arbitration clause in the Charter Party Agreement under Section 45 of the Arbitration and Conciliation Act, 1996. The Court held that the arbitration clause was indeed applicable to disputes arising from the Bills of Lading, as they incorporated the terms of the Charter Party Agreement. Consequently, the Court set aside the High Court's order that denied the stay of proceedings and referred the matter to arbitration, affirming the binding nature of the arbitration agreement.