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.