Supreme Court of India · 2008-10-14
LUDHIANA IMPROVEMENT TRUST vs M/S TODAY HOMES & INFRASTRUCTURE P.LD.
- Citation / case number
- SC 2008/11392
- Court
- Supreme Court of India
- Petitioner
- LUDHIANA IMPROVEMENT TRUST
- Respondent
- M/S TODAY HOMES & INFRASTRUCTURE P.LD.
- Author
- ALTAMAS KABIR
- Bench
- ALTAMAS KABIR,MARKANDEY KATJU, , ,
Judgment text excerpt
The Supreme Court upheld the appointment of an Arbitrator under Section 11 of the Arbitration and Conciliation Act, 1996, affirming that disputes arising from the joint venture agreement between the Ludhiana Improvement Trust and the respondent were arbitrable. The Court clarified that the Trust's rejection of the respondent's request for arbitration was unjustified, as the respondent had offered to allow scrutiny of its accounts. The Court directed the Trust to proceed with the appointment of an Arbitrator to resolve the disputes arising from the agreement.