The provisions of the Arbitration and conciliation Act of 1996 have to be interpreted being uninfluenced by the principles underlying the 1940 Act. This observation was laid down in
1
M.M.T.C. Ltd vs Sterlite Industries (India) Ltd
2
Sunderam Finance Itd. V N.E.P.C. Ltd.
3
Olympus Superstructures Pvt Ltd v. Meera Vijay
4
Orma Impex Pvt Ltd v Nissari Pvt. Ltd.