M/S N.N. Global Mercantile Private ... vs M/S Indo Unique Flame Ltd.

The Supreme Court addressed the validity of an arbitration agreement contained within an unexecuted and unstamped agreement. The court held that an unstamped agreement cannot be relied upon for enforcing an arbitration clause, as it is not admissible in evidence under the Indian Stamp Act. Consequently, the arbitration agreement was deemed invalid, leading to the dismissal of the appeal.