KANNA TIMMA KANAJI MADIWAL (D) THR. LR. vs RAMACHANDRA TIMMAYA HEGDE (D) THR. LRS .

The Supreme Court addressed the interpretation of Section 2(1)(d) of the Arbitration and Conciliation Act, 1996, clarifying that the term 'party' includes individuals who are not signatories to the arbitration agreement but are affected by it. The Court held that the arbitration clause is binding on all parties involved in the dispute, regardless of their direct involvement in the agreement. Consequently, the appeal was allowed, and the matter was referred back for arbitration as per the agreement.