Grid Corporation Of Orissa Ltd. vs Indian Charge Chrome Ltd. on 10 February, 1998
In this connection, reference may be made to the decision of the (sic) Court in Mysore Manufacturers and Traders v. Karnataka Elect. Board, AIR 1997 Karnataka 210. In paragraph 12 learned single Judge was of the view that when arbitration is sought not on the basis of an arbitration agreement between the parties but on the basis of a statutory provision in another enactment, then by virtue of Section 46 of the Arbitration Act, 1940, statutory provision will have to be deemed as an arbitration agreement and in such a case, Sections 32 and 33 would get attracted. But Section 46 of that Act is not per se applicable to all statutory arbitrations if the provisions of the old Arbitration Act are inconsistent with the provisions of the enactment under which arbitration is sought. I am in respectful agreement with the above ratio.