JUDGEMENT
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(1.) The instant appeal is arising out of an order passed on
September 9, 2011 in refusing to restrain the respondent No. 1 from taking steps
in terms of the GAFTA Rules, 125 for resolution of disputes by arbitration.
(2.) The power and jurisdiction of a Civil Court to restrain a party from making
reference to an International Commercial Arbitration and to have the said dispute
resolved by such International Arbitration is the issue required to be decided in
the present appeal.
(3.) Before we advert to any other facts, we record that there is no dispute that
the contract containing arbitration clause has been duly executed by the parties.;
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