A. Arbitration and Conciliation Act, 1996 (26 of 1996), Section 11(6) – Arbitration – Deposit of amount as pre-condition – Legality of -- A clause which seeks deposit of a part of the claimed amount to avail of the remedy of arbitration is one which would be illegal and unlawful as it is barring a legal remedy from being invoked without deposit of money -- No remedy can be subjected to payment of money, unless authorised by law -- Such a clause in a contract lacks legitimacy and would not be enforceable.

(Para 76)

B. Arbitration and Conciliation Act, 1996 (26 of 1996), Section 11(6) --  Constitution of India, Article 19, 21 -- Employment agreement -- Lock-in period of three years -- Covenants in employment contracts -- Lawful and reasonable covenants which are operative during the term of employment are valid and enforceable -- Such covenants are not in violation of the fundamental rights as provided in the Constitution of India -- Reasonable lock-in periods in employment contracts that apply during the term of employment are valid in law and do not violate Fundamental Rights as enshrined in the Constitution of India -- Disputes relating to lock-in periods that apply during the subsistence of employment contracts, are arbitrable in terms of the Act, 1996.

(Para 78)