VIKRAM BAKSHI & ORS. vs SONIA KHOSLA[DEAD] BY LRS.

The Supreme Court addressed the ongoing disputes between the Bakshi Group and the Khosla Group regarding a joint venture for developing a tourist resort in Kasauli, Himachal Pradesh. The Court emphasized the importance of mutual trust in business partnerships and the detrimental effects of unresolved conflicts. It encouraged the parties to pursue an amicable resolution to avoid further deterioration of their relationship, highlighting the need for a consensual approach to future actions in the pending litigation.