Supreme Court of India
Ratnam Sudesh Iyer v. Jackie Kakubhai Shroff
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From the headnote
Arbitration and Conciliation Act, 1996: s. 34 – Setting aside of arbitral award –Dispute between the appellant and respondent as regards sale of share – Complaint by the respondent before the police against the appellant – Parties entered into settlement deed whereby the respondent had to withdraw all complaints against the appellant and was forbidden from writing complaints to any person about the Deed and in return was to be paid US$ 1.5 million held in escrow till the withdrawal of complaints; and US$ 2 million was to be paid to the respondent out of the proceeds from the sale of shares of…
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