Only serious allegations of fraud are not arbitrable. Serious allegations arise only if either of the two tests laid down in Ayyasamy—explained in Rashid Raza case and further described in this case-are satisfied.

     Update by Prashant Mishra

Avitel Post Studioz Limited and others v. HSBC PI Holdings (Mauritius Limited) and HSBC PI Holdings (Mauritius Limited) v. Avitel Post Studioz Limited and others Court: Supreme Court of India | Case Number: Civil Appeal No. 5145 of 2016 and Civil Appeal No. 5158 of 2016 | Citation: 2020 SCC

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Categories: Arbitrability |  Arbitrability of fraud |  Nonarbitrability