Gavel and Scales Highlight Key Arbitration Ruling: "Substantial Financial Interest Alone Cannot Bind a Non-Signatory," says IIT Mandi v. CPWD Decision. Introduction The jurisprudence surrounding the impleadment of non-signatories in arbitration has witnessed significant evolution in recent years, particularly after the Constitution Bench decision in Cox and Kings Ltd. v. SAP India Pvt. Ltd. The present judgment of the High Court of Himachal Pradesh in Indian Institute of Te