Law: Contract Act (IX of 1872)

Section: 70

Law: Arbitration Act (X of 1940)

Section: 14, 2(a),30 & 33,5.14

(a) Contract Act (IX of 1872)--

---S. 70---Agreement between plaintiffs and defendants for construction of defendants Textile Mil---Dispute having erupted between the parties, defendants denied that there was any written agreement executed between the parties for the construction of their project---Defendants, however, admitted that construction work was assigned to plaintiffs verba ly---Effect of absence of written agreement---Even on assumption that the contract was oral or had not been finalised, then also defendants were bound to pay to plaintiffs for the construction work done by them---Person enjoying benefit of non-gratuitous act was bound to make compensation to the person doing such non-gratuitous work, even if there was no contract between them.

(b) Arbitration Act (X of 1940)--