Groupe Chimique Tunisien Sa vs Southern Petrochemicals Industries ...

The Supreme Court ruled on a petition under Section 11(4) of the Arbitration and Conciliation Act, 1996, for the appointment of an Arbitral Tribunal to resolve disputes arising from purchase orders for Phosphoric Acid. The Court held that the existence of an arbitration agreement, as stipulated in Clause 15 of the Fertilizer Association of India terms, was valid despite the respondent's previous denial in Jordanian courts. The Court emphasized that the arbitration clause must be honored, leading to the appointment of an arbitrator for adjudication of claims.