(1.) This application has been filed by the defendant Nos. 18 and 19 in the suit under section 8 of the Arbitration & Conciliation Act, 1996 (hereinafter referred to as the said Act). The petitioners in this application have prayed before this Court to refer the disputes and differences between the parties to the arbitration in terms of the arbitration agreement dated 30th November, 1992 and the suit should be stayed.
(2.) Facts of case pleaded in the petition briefly are as follows:
(3.) From time to time the said Deed of Partnership was reconstituted, last of such reconstitution was made on 30th November, 1992 between the parties.