Mr. A. Mr. B and Mr. C are partners in XYZ partnership firm. The firm made agreement in writing to refer a dispute between them in business to an arbitrator. In-spite of this agreement Mr. B files a suit against Mr. A. and Mr. C relating to the dispute in a court. Examine on the admission of the suit filed by Mr. B in the court in light of Arbitration and Conciliation Act, 1996.
Yes, it can be admitted by the court, as the said court has jurisdiction over the matter and it overpowers arbitration agreement
Yes, it can be admitted by the court, only in the case of challenge to the arbitral award in appeal
Yes, it can be admitted by the court, if Mr. A. and Mr. C mutually agrees.
No it cannot be admitted by the court, as jurisdiction of court is ousted because of existence of a valid arbitration agreement.