BALAJI COKE INDUSTRY PVT.LTD. vs M/S.MAA BHAGWATI COKE (GUJ) PVT.LTD.

The Supreme Court, while adjudicating a Transfer Petition under Article 139A(2) of the Constitution and Section 25 of the Code of Civil Procedure, held that the arbitration clause in the agreement between Balaji Coke Industries Pvt. Ltd. and Maa Bhagwati Coke (Guj) Pvt. Ltd. mandates arbitration in Kolkata, thus establishing jurisdiction for disputes arising from the agreement. The Court emphasized that the arbitration proceedings should be conducted in accordance with the Arbitration and Conciliation Act, 1996. Consequently, the petition for transfer of the arbitration application to the Calcutta High Court was granted, affirming the jurisdictional stipulations of the parties' agreement.