Vikram Bakshi & Ors vs Sonia Khosla[Dead] By Lrs

The Supreme Court addressed a dispute arising from a joint venture between the Khosla Group and the Bakshi Group regarding the development of a tourist resort in Kasauli, Himachal Pradesh. The Court emphasized the importance of mutual trust in business relationships and noted the adverse consequences of unresolved disputes. It recognized the need for an amicable resolution and outlined a consensual approach for future proceedings, acknowledging the ongoing litigation in lower courts without delving into the specifics of the issues at hand.