That companytention was rejected by the High Court.
In pending appeals, a companytention was raised by the appellant that appeals filed by the respondents under Section 37 of the Arbitration Act, 1940 hereinafter referred to as the Old Act , are required to be decided on the basis of the Arbitration and Conciliation Act, 1996 hereinafter referred to as the New Act because the arbitration agreement provides as under Subject as aforesaid the provisions of the Arbitration Act, 1940, or any statutory modification or re enactment thereof and the Rules made thereunder and for the time being in force shall apply to the arbitration proceedings under this clause.
Hence, these appeals.
J U D G M E N T Shah, J. These appeals are directed against the judgment and order dated 27th April, 2000 passed by the High Court of Bombay, Goa Bench, in Arbitration Appeal No.1 of 1993 etc.
