Supreme Court of India · 2013-11-12
M/S. Gayatri Project Ltd vs M/S. Sai Krishna Construction
- Court
- Supreme Court of India
- Petitioner
- M/S. Gayatri Project Ltd
- Respondent
- M/S. Sai Krishna Construction
- Author
- Ranjana Prakash Desai
- Bench
- Ranjana Prakash Desai
Judgment text excerpt
The Supreme Court upheld the High Court's order directing arbitration under Section 11(5) and (6) of the Arbitration and Conciliation Act, 1996, affirming that the arbitration clause in the agreement between the appellant and respondent is valid and enforceable. The Court emphasized that disputes arising from the contractual relationship, including those related to payments and work execution, are to be resolved through arbitration as stipulated in the agreement. The appeal was dismissed, reinforcing the principle that arbitration is a preferred method for resolving contractual disputes.