Arbitration Act 1940 Section 3 Arbitration Agreement Justified and the binding power of the parties involved in the dispute of property left in the interest of their predecessor, and in order to resolve the current and future disputes, they had entered into an arbitration agreement; Acknowledged and encouraged the sanctity of the agreement. If there is no disadvantage of public policy or if no law was violated by such agreement, then the law of arbitration was neither excessive nor low, but a compromise agreement entered into by their free choice parties, For practical purposes there was a valid contract within four. Like the arbitration and every agreement of section 3 of the Arbitration Act, 1940, the parties were bound and, unless they were tainted by fraud, repression or indirect influence, their obligation could not be avoided and the arbitrator's authority It cannot be canceled when the parties have chosen a domestic tribunal. To resolve their differences and disputes, they will not be allowed to rely on such technical skills as the written authority in favor of one of the arbitrators and the arbitration agreement award, to challenge this shop. Will not be open
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