ISSUE:
Whether an arbitration clause between two parties be considered as a binding arbitration agreement on a person who is not a signatory to it?
RULE:
Parties to the Agreement: By interpreting the definition mentioned in Section 2(h) of the Act with Section 7 and considering the facts of the case as well held that there was no acknowledgment on the part of the third party that they are willing to or not bound by the agreement, neither by the company nor by any other board of directors of the company.