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october 2008

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.

LUDHIANA IMPROVEMENT TRUST vs M/S TODAY HOMES & INFRASTRUCTURE P.LD. · Niyam