2020-TIOLCORP-73-HC-DEL-MISC Spentex Industries Ltd Vs Quinn Emanuel Urquhart And Sullivan Llp
Whether as the agreement is governed by laws prevailing in the USA, where contingency fee is not barred, it cannot be held that Engagement Letter and Arbitration Agreement is null and void or inoperative or incapable of being performed - YES : HC
Whether if the proceedings are substantially for recovery of fee/money, same would tantamount to a commercial relationship as per section 45 of the Arbitration Act - YES : HC
Whether if there is a component of fixed fee also, entire contract is not based only on contingency fees - YES : HC
- Order passed in favour of Respondent: DELHI HIGH COURT |