When There Is Ambiguity In Arbitration Agreement, Business Efficacy Test Can Applied To Discern Intent Of Parties To Arbitrate: Bombay High Court

The Bombay High Court held that ambiguity in an agreement can be resolved by applying the "business efficacy test" to discern the parties' intent to arbitrate. This decision provides guidance on interpreting arbitration clauses in ambiguous contracts. It emphasizes the importance of giving effect to the parties' intentions whenever possible.