Purushottam S/O Tulsiram Badwaik vs Anil .

The Supreme Court addressed the rejection of an application under Section 8 of the Arbitration and Conciliation Act, 1996, concerning a Partnership Agreement that referred disputes to arbitration under the Indian Arbitration Act, 1940. The Court held that parties can agree to the applicability of the new Act even before it comes into force, as established in Thyssen Stahlunion GMBH v. Steel Authority of India Ltd. The High Court's dismissal of the Civil Revision Application was upheld, affirming that the clause in the Partnership Agreement was valid for arbitration under the 1996 Act.