Remedy Under A&C Act Is In Addition To Remedies Under Special Statutes, But Once Elected Other Remedies Are Barred For Same Dispute: Calcutta HC

The Calcutta High Court clarified that the remedy under the Arbitration and Conciliation Act is in addition to the remedies available under special statutes. The case dealt with a dispute where one party sought recourse through arbitration while another invoked provisions of a special statute. The Court ruled that once a party has chosen arbitration as a remedy, it cannot simultaneously pursue remedies under other legal provisions for the same issue. This decision upholds the principle of election of remedies, ensuring that parties must stick to the forum chosen for dispute resolution, fostering consistency in legal proceedings.