Supreme Court of India · 2008-10-14
Ludhiana Improvement Trust & Anr vs M/S Today Homes & Infrastructure P.Ld
- Citation / case number
- AIR 2009 SUPREME COURT 246
- Court
- Supreme Court of India
- Petitioner
- Ludhiana Improvement Trust & Anr
- Respondent
- M/S Today Homes & Infrastructure P.Ld
- Author
- Altamas Kabir
- Bench
- Markandey Katju, Altamas Kabir
Judgment text excerpt
The Supreme Court addressed the appeal regarding the appointment of an Arbitrator under Section 11 of the Arbitration and Conciliation Act, 1996, following disputes between the Ludhiana Improvement Trust and the respondent concerning a joint venture for the City Centre development. The Court emphasized that the Trust's failure to adhere to the arbitration clause in the Concession Agreement constituted a breach of contract, thus necessitating arbitration. The Court held that the High Court's order for appointing an Arbitrator was justified and upheld the decision, reinforcing the importance of arbitration in resolving contractual disputes.