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august 2009

Supreme Court of India · 2009-08-04

Shree Baidyanath Ayurved B. Pvt. Ltd vs Praveen Bhatia & Ors

Court
Supreme Court of India
Petitioner
Shree Baidyanath Ayurved B. Pvt. Ltd
Respondent
Praveen Bhatia & Ors
Author
S.B. Sinha
Bench
Cyriac Joseph, S.B. Sinha

Judgment text excerpt

The Supreme Court addressed the arbitration dispute between Shree Baidyanath Ayurved Bhawan Pvt. Ltd. and M/s. S. Bhatia Enterprises under the Arbitration and Conciliation Act, 1996, specifically referencing Section 34 concerning the setting aside of an arbitration award. The Court held that the arbitration clause was valid and enforceable, and the objections raised by the respondents regarding the authenticity of the agreement were dismissed. The outcome affirmed the award in favor of the company, emphasizing the binding nature of arbitration agreements and the limited grounds for challenging arbitration awards under the Act.

Shree Baidyanath Ayurved B. Pvt. Ltd vs Praveen Bhatia & Ors · Niyam