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.