Supreme Court of India
Lmj International Ltd. v. Sleepwell Industries Co. Ltd.
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.
2 Supreme Court benches have cited this judgment.
What the Court ordered
In view of the above, these special leave petitions are dis- missed with exemplary costs, quantified at an aggregate amount of Rs.20,00,000/- (Rupees Twenty Lakh only).
Judgment, page 30
From the headnote
Arbitration and Conciliation Act, 1996 – s. 48 – Parties entered into separate contracts for sale of Non-Basmati Parboiled Rice, Thailand origin– Contract governed by GAFTA 48 and disputes were to be resolved by Arbitration 125 as per GAFTA 125 in London – Dispute arose – Arbitral Tribunal passed two separate awards – Respondent filed two execution cases (pertaining to contract-I and contract-II) u/Part-II of the 1996 Act before the High Court for enforcement of the foreign arbitral award – Petitioner’s objection regarding the maintainability of the subject foreign awards rejected – Special…
Authorities it was built on
Where later benches applied it
- 2020 Government of India v. 1.vedanta Limited (formerly Cairn India Ltd.) 2. Ravva Oil (singapore) Pte. Ltd. 3. Videocon Industries Limited
- 2020 Vijay Karia & Ors. v. Prysmian Cavi E Sistemi Srl & Ors.
Of those, 2 referred to
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