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A promise to make a promise: Supreme court on letters of intent, concluded contracts, and incorporation of arbitration clauses
Supreme Court Examines Letters of Intent and Arbitration Clauses in New Ruling. Case: Maharashtra State Electricity Distribution Company Ltd. (MSEDCL) and Ors. v. R Z Malpani Citation: Civil Appeal No. 4307 of 2026 (SLP (C) No. 36889 of 2025) | Decided on: April 9, 2026 Bench: Justice J.K. Maheshwari and Justice A.S. Chandurkar Background Maharashtra State Electricity Distribution Company Ltd. (MSEDCL), a State Government-owned electricity distribution utility, floated a ten
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