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august 2009

Supreme Court of India · 2009-08-04

SHREE BAIDYANATH AYURVED B. PVT. LTD. vs PRAVEEN BHATIA .

Citation / case number
SC 2006/60296
Court
Supreme Court of India
Petitioner
SHREE BAIDYANATH AYURVED B. PVT. LTD.
Respondent
PRAVEEN BHATIA .
Author
S.B. Sinha

Judgment text excerpt

The Supreme Court addressed disputes arising from an arbitration agreement under the Arbitration and Conciliation Act, 1996, specifically Section 34 concerning the setting aside of an arbitration award. The Court held that the arbitration clause was valid and enforceable, emphasizing the importance of adhering to the agreed jurisdiction for arbitration. The Court ultimately upheld the award made by the arbitrator in favor of the company, reinforcing the principle that arbitration awards should be respected unless there are substantial grounds for setting them aside under the Act.

SHREE BAIDYANATH AYURVED B. PVT. LTD. vs PRAVEEN BHATIA . · Niyam