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july 2008

Supreme Court of India · 2008-07-09

M/S. Tata Industries Ltd. & Anr vs M/S. Grasim Industries Ltd

Citation / case number
AIR 2008 SUPREME COURT 2970
Court
Supreme Court of India
Petitioner
M/S. Tata Industries Ltd. & Anr
Respondent
M/S. Grasim Industries Ltd
Author
V.S. Sirpurkar
Bench
V.S. Sirpurkar

Judgment text excerpt

The Supreme Court addressed a dispute under Section 11(6) of the Arbitration and Conciliation Act, 1996, concerning the appointment of an arbitrator between M/s. Tata Industries Ltd. and M/s. Apex Investments (Mauritius) Holding Private Limited against Grasim Industries Limited. The Court confirmed that the Chief Justice of India has the jurisdiction to appoint the arbitrator due to the international commercial arbitration nature of the case. The Court held that there exists a live arbitrable issue, and the claims are within limitation, thus allowing the arbitration process to proceed.

M/S. Tata Industries Ltd. & Anr vs M/S. Grasim Industries Ltd · Niyam