Supreme Court of India
Minerals & Metals Trading Corporation of India Ltd. v. Ocean Knigh Maritime Co. Ltd. and Others
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.
From the headnote
Arbitration Act, 1940 - ss. 5, 11, 12 and 37 - Time barred arbitration petition - By a Charter Party, respondent No. 1 had let its vessel to appellant for carriage of cargo - Disputes between appellant and respondent No. 1 - Arbitration clause in Charter Party invoked - Respondent no. 1 appointed respondent no. 2 as its arbitrator whereas appellant appointed respondent No.3 as its arbitrator- Time for giving the award o by the arbitrators was up to March 31, 1993 - Arbitral award could not be passed for want of consensus between the arbitrators - On July 3, 1999, respondent No. 1 filed…
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