Niyam v2 is live — start for just ₹100 — 200 credits to try

november 2011

Supreme Court of India · 2011-11-25

M/S REVA ELECTRIC CAR CO.P.LTD. vs M/S GREEN MOBIL

Citation / case number
SC 2010/26465
Court
Supreme Court of India
Petitioner
M/S REVA ELECTRIC CAR CO.P.LTD.
Respondent
M/S GREEN MOBIL
Author
SURINDER SINGH NIJJAR
Bench
SURINDER SINGH NIJJAR

Judgment text excerpt

The Supreme Court examined the validity of a Memorandum of Understanding (MOU) dated 25th September 2007, which was extended by the parties' actions. The Court held that the petitioner validly terminated the MOU through an email on 25th September 2009, and thus, the respondent's claims for damages were unfounded. The Court emphasized the enforceability of arbitration clauses under Section 9 of the Arbitration and Conciliation Act, 1996, allowing the petitioner to seek injunction against the respondent's legal proceedings in Belgium.

M/S REVA ELECTRIC CAR CO.P.LTD. vs M/S GREEN MOBIL · Niyam