Supreme Court of India
Zenith Drugs & Allied Agencies Pvt. Ltd. Represented by its Managing Director, Shri Uday Krishna Paul v. M/s. Nicholas Piramal India Ltd.
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What the Court ordered
In the result, the impugned order of the High Court in Civil Revision (P) No.31 of 2005 is set aside and this appeal is allowed and the Money Suit No.73 of 2003 shall stand restored to the file of Civil Judge, Senior Division, Kamrup, Guwahati and the trial court shall proceed with the matter in accordance with law.
Judgment, page 15
From the headnote
Arbitration and Conciliation Act, 1996 – s.8 – Power to refer parties to arbitration where there is an arbitration agreement – RPIL appointed the appellant company as its clearing and forwarding agent for period of 3 years by agreement dated 01.05.1997 – The said agreement contained arbitration clause – RPIL informed appellant that it was getting merged with respondent Company-NPIL and therefore, the subsisting agreement between them stood terminated – Appellant filed suit contending that agreement with RPIL was valid, subsisting, legal and continuing – In the said suit, parties compromised…
Authorities it was built on
- 2003 Sukanya Holdings Pvt. Ltd v. Jayesh H. Pandya and Anr.
- 2002 M/s. Konkan Railway Corporation Ltd. and Anr. v. M/s. Rani Construction Pvt. Ltd.
- 2013 Swiss Timing Limited v. Organising Committee, Commonwealth Games 2010 Delhi
- 1968 Deccan Merchants Co-operative Bank Ltd. v. M/s. Dalichand Jugraj Jain and Ors.
- 2008 Yogi Agarwal v. M/s, Inspirnfion Clothes & U and Ors.
- 2014 World Sport Group (mauritius) Ltd. v. Msm Satellite (singapore) Pte. Ltd.
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