The High Court of Madras has observed that S. 18 of the MSMED Act will override the arbitration clause between the parties. The Court observed that since S. 24 of the MSMED Act is a non-obstante clause, it gives overriding effect to the provisions of S. 15 -23 of the Act. The Bench of Justice Pushpa Sathyanarayan and Justice P. Velmurgan observed that once a reference is filed before...
