Supreme Court of India · 2006-11-16
Svg Molasses Co. B.V vs Mysore Mercantile Co. Ltd. & Ors
- Court
- Supreme Court of India
- Petitioner
- Svg Molasses Co. B.V
- Respondent
- Mysore Mercantile Co. Ltd. & Ors
- Author
- S.B. Sinha
- Bench
- S.B. Sinha
Judgment text excerpt
The Supreme Court addressed the contractual obligations under the Arbitration and Conciliation Act, 1996, specifically Section 9, in a dispute involving the supply of molasses. The Court held that the District Court exceeded its jurisdiction by allowing the petitioner to sell the goods, emphasizing that issues of breach and compliance should be resolved by the arbitrator. The Court affirmed the High Court's decision that the matter should be arbitrated, thereby upholding the principles of arbitration and contractual governance under Indian law.