Supreme Court of India
Intercontinental Hotels Group (india) Pvt. Ltd. & Anr. v. Waterline Hotels Pvt. Ltd.
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What the Court ordered
We are of the considered view that the finding in SMS Tea Estates [SMS Tea Estates (P) Ltd. v.
Judgment, page 13
From the headnote
Arbitration and Conciliation Act, 1996 – ss. 11(6), 11(1 2)(a) & 16 – Appointment of Arbitrator – Karnataka Stamp Act – Stamp Duty on Arbitration Agreement – Respondent, an Indian Company engaged in hospitality sector, entered into a Hotel Management Agreement (HMA) with Petitioners – HMA mandated tha t for the renovation undertaken by the petitioners, responden t was contractually bound to pay the fee to the petitione r as incentive fees – As per the petitioner, respondent failed to pay the requisite fee – Respondent via mail on 12.10.2018 terminated the HMA statin g that the Hotel was
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