M/S ICOMM TELE LTD. vs PUNJAB STATE WATER SUPPLY AND SEWERAGE BOARD

The Supreme Court addressed the validity of an arbitration clause in a tender agreement, specifically clause 25(viii) which required a 10% deposit from the party invoking arbitration. The Court held that such a clause does not constitute a contract of adhesion nor does it violate Article 14 of the Constitution, as it applies equally to both parties. The Court dismissed the appellant's challenge to the clause, affirming the High Court's decision that the tender condition was not arbitrary or unreasonable.