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Supreme Court of India

Mahanagar Telephone Nigam Ltd. v. Canara Bank & Ors.

Neutral citation
Bench Abhay Manohar Sapre and Indu Malhotra JJ.
Decided 8 August 2019

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.

3 Supreme Court benches have cited this judgment.

What the Court ordered

In view of the aforesaid discussion, the present appeals are partly allowed.

Judgment, page 31

From the headnote

Arbitration and Conciliation Act, 1996: Arbitration agreement – Existence of valid arbitration agreement – Joinder of subsidiary company in arbitral proceedings – On facts, transactions between the appellant and respondent no. 1 and its subsidiary, respondent no. 2 – Respondent no. 2 subscribed to the bonds floated by appellant and subsequently transferred the Bonds to its holding Company-respondent no. 1 – Case of appellant that since respondent no. 2 did not pay the entire sale consideration for the Bonds, appellant constrained to cancel the allotment of the Bonds – Appointment of an…

Authorities it was built on

Where later benches applied it

Of those, 3 referred to

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