Supreme Court of India · 2008-03-13
GUJARAT URJA VIKASH NIGAM LTD. vs ESSAR POWER LTD.
- Citation / case number
- SC 2007/2275
- Court
- Supreme Court of India
- Petitioner
- GUJARAT URJA VIKASH NIGAM LTD.
- Respondent
- ESSAR POWER LTD.
- Author
- MARKANDEY KATJU
- Bench
- MARKANDEY KATJU H.K. SEMA
Judgment text excerpt
The Supreme Court upheld the Gujarat High Court's decision to appoint Mr. Justice A.M. Ahmadi as the sole arbitrator under Section 11(5) and (6) of The Arbitration and Conciliation Act, 1996, in a dispute arising from a power purchase agreement between the appellant-company and the Gujarat Electricity Board. The Court emphasized that the arbitration clause in the agreement was binding and that the parties had failed to resolve their disputes amicably, necessitating arbitration. The appeal was dismissed, affirming the High Court's ruling.