Hindustan Petroleum Corpn.Ltd vs M/S. Siba Gas Agency & Ors

The Supreme Court held that disputes arising from the termination of an L.P.G. dealership must be resolved through arbitration as per the arbitration clause in the agreement. The Court set aside the High Court's order that allowed a writ petition filed by the respondent nearly two years after the termination, emphasizing the necessity of adhering to the agreed arbitration process. The appeal by Hindustan Petroleum Corporation Ltd. was allowed, and the parties were directed to pursue arbitration with the Managing Director of the Corporation.