M/S. TATA INDUSTRIES LTD. vs M/S. GRASIM INDUSTRIES LTD.

The Supreme Court addressed a petition under Section 11(6) of the Arbitration and Conciliation Act, 1996, for the appointment of an arbitrator in a commercial dispute 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, as the parties acknowledged the existence of an arbitration agreement and that the claims were within limitation. The Court held that there is a live arbitrable issue, allowing the arbitration process to proceed.