Supreme Court of India · 2012-07-25
M/S CALCUTTA INDUSTRIAL CORP. vs M/S JAYA STEEL & SCRAP LIC .
- Citation / case number
- SC 2011/15686
- Court
- Supreme Court of India
- Petitioner
- M/S CALCUTTA INDUSTRIAL CORP.
- Respondent
- M/S JAYA STEEL & SCRAP LIC .
- Author
- SURINDER SINGH NIJJAR
- Bench
- SURINDER SINGH NIJJAR
Judgment text excerpt
The Supreme Court, under Section 11(6) of the Arbitration and Conciliation Act, 1996, held that a valid arbitration clause existed in the agreement between the parties, allowing for arbitration in India. The Court found that the non-applicant had prima facie breached the agreement by failing to deliver the contracted materials, and thus, the petition for appointment of a sole arbitrator was allowed. The Court appointed a former Judge of the Supreme Court as the sole arbitrator to resolve the disputes arising from the agreement.