Where is an assignment of a contract containing an arbitration agreement, the assignee will be bound by the arbitration agreement – DLF Ltd. Vs. PNB Housing Finance Ltd. and Ors. – Delhi High Court
The law is also well settled that where there is an assignment of a contract containing an arbitration agreement, the assignee will be bound by the arbitration agreement. The assignee would take both the benefit and burden of the arbitration agreement i.e., the assignee can invoke the arbitration agreement to pursue a claim and can be compelled to arbitrate a dispute raised by another party.
