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november 2006

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.

Svg Molasses Co. B.V vs Mysore Mercantile Co. Ltd. & Ors · Niyam