Supreme Court of India · 2011-09-13
M/S.CAUVERY COFFEE TRADERS,MANGALORE vs M/S.HORNOR RESOURCES (INTERN.)CO.LTD.
- Citation / case number
- SC 2009/3238
- Court
- Supreme Court of India
- Petitioner
- M/S.CAUVERY COFFEE TRADERS,MANGALORE
- Respondent
- M/S.HORNOR RESOURCES (INTERN.)CO.LTD.
- Author
- B.S. CHAUHAN
- Bench
- B.S. CHAUHAN, , , ,
Judgment text excerpt
The Supreme Court addressed arbitration applications under Section 11(5) & (9) of the Arbitration and Conciliation Act, 1996, for the appointment of an arbitrator in an international dispute arising from a Purchase Contract. The Court held that the applicants, having supplied goods with a guaranteed iron content of 63%, were entitled to seek arbitration due to the respondents' failure to pay the agreed amount after the goods were accepted but later claimed a lower iron content. The Court emphasized the necessity of adhering to contractual obligations and the role of arbitration in resolving such disputes.