M/S. DELHI TRANSPORT CORPORATION vs M/S. ROSE ADVERTISING

The court examined whether a dispute arising from an agreement dated January 15, 1993, should be governed by the Arbitration Act, 1940 or the Arbitration & Conciliation Act, 1996. The parties had entered into a contract with an arbitration clause, and the request for an arbitrator was made in 1995, followed by a petition under the old Act in early 1996. The core issue is the applicability of the 1996 Act to awards rendered after its commencement when the arbitration was initiated under the previous legal regime.