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In a landmark verdict, a Constitution Bench of the Supreme Court of India has decided that unstamped arbitration agreements are not valid in law. INDUSLAW’s Amit Jajoo, Sushmita Gandhi, Anamika Singh, Vatsala Pant, and Sanaya Patel discuss the judgement in N. N. Global Mercantile Private Limited v. Indo Unique Flame Limited & Ors., and its significant impact on the landscape of arbitration in India.