Supreme Court of India · 2011-11-14
POWERTECH WORLD WIDE LIMITED vs DELVIN INTERNATIONAL GEN.TRADING LLC
- Citation / case number
- SC 2010/9118
- Court
- Supreme Court of India
- Petitioner
- POWERTECH WORLD WIDE LIMITED
- Respondent
- DELVIN INTERNATIONAL GEN.TRADING LLC
- Author
- Swatanter Kumar
- Bench
- SWATANTER KUMAR
Judgment text excerpt
The Supreme Court addressed the enforceability of an arbitration clause in a purchase contract under the Arbitration and Conciliation Act, 1996, emphasizing that disputes arising from the contract must be resolved through arbitration as stipulated. The Court held that the petitioner had the right to invoke arbitration after the respondent failed to make payments despite repeated requests, thereby affirming the validity of the arbitration clause. The outcome favored the petitioner, allowing the arbitration proceedings to commence as per the contract terms.