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february 2014

Supreme Court of India · 2014-02-14

ENERCON (INDIA) LTD vs ENERCON GMBH

Citation / case number
SC 2013/6804
Court
Supreme Court of India
Petitioner
ENERCON (INDIA) LTD
Respondent
ENERCON GMBH
Author
SURINDER SINGH NIJJAR
Bench
FAKKIR MOHAMED IBRAHIM KALIFULLA SURINDER SINGH NIJJAR

Judgment text excerpt

The Supreme Court upheld the Bombay High Court's dismissal of the Civil Writ Petitions concerning the joint venture agreements between Enercon (India) Ltd. and Enercon GMBH. The Court emphasized the binding nature of the Share Holding Agreement and Technical Know-How Agreement, affirming that the agreements were valid and enforceable under Indian law. The Court clarified that the amendments to these agreements did not alter the fundamental rights and obligations of the parties involved, thus maintaining the status quo of the joint venture.

ENERCON (INDIA) LTD vs ENERCON GMBH · Niyam