Supreme Court of India · 2002-07-29
PRADEEP ANAND vs I.T.C. LTD. .
- Citation / case number
- SC 2000/4931
- Court
- Supreme Court of India
- Petitioner
- PRADEEP ANAND
- Respondent
- I.T.C. LTD. .
- Bench
- D.P.MOHAPATRA & BRIJESH KUMAR.
Judgment text excerpt
The Supreme Court addressed appeals concerning the enforcement of an arbitration agreement under the Arbitration and Conciliation Act, 1996, specifically referencing Article 12 of the cooperation agreement between the parties. The Court held that disputes arising from the agreement must be resolved through arbitration as stipulated, emphasizing the binding nature of arbitration awards. The interim stay granted by the High Court on arbitration proceedings was set aside, allowing the arbitration to proceed.