Supreme Court of India
M/s.agri Gold Exims Ltd. v. M/s. Sri Lakshmi Knits & Wovens and Ors.
INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.
1 Supreme Court bench has cited this judgment.
From the headnote
Arbitration and Conciliation Act, 1996-S.8-Held, is pre-emptory in nature-Where arbitration agreement exists, Court under obligation to refer parties to arbitration in terms of arbitration agreement-Jn such case civil suit would not be maintainable-Arbitration Act, 1940-Section 34. The Appellant and the Respondents had entered into a Memorandum of Understanding (MOU) which contained an arbitration clause. Respondents issued five post-dated cheques in relation to the amount due to Appellant.
Where later benches applied it
Of those, 1 distinguished
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