Supreme Court of India · 2007-07-10
ADHUNIK STEELS LTD. vs ORISSA MANGANESE AND MINERALS PVT. LTD.
- Citation / case number
- SC 2005/7280
- Court
- Supreme Court of India
- Petitioner
- ADHUNIK STEELS LTD.
- Respondent
- ORISSA MANGANESE AND MINERALS PVT. LTD.
- Author
- P.K. BALASUBRAMANYAN H.K. SEMA
- Bench
- P.K. BALASUBRAMANYAN H.K. SEMA
Judgment text excerpt
The Supreme Court addressed the appeals concerning the Arbitration & Conciliation Act, 1996, specifically Section 9 and Section 37(1)(a). The Court upheld the District Court's order restraining O.M.M. Private Limited from terminating the contract with Adhunik Steels, emphasizing that the termination notice was invalid due to non-compliance with the Mineral Concession Rules, 1960. The Court affirmed the need for adherence to arbitration agreements and the jurisdiction of the District Court in such matters, thereby maintaining the status quo until the arbitration process is concluded.