Supreme Court of India · 2015-10-15
Sanghi Brothers (Indore) Pvt Ltd vs Muktinath Airlines (P) Ltd And Anr
- Citation / case number
- AIRONLINE 2015 SC 233
- Court
- Supreme Court of India
- Petitioner
- Sanghi Brothers (Indore) Pvt Ltd
- Respondent
- Muktinath Airlines (P) Ltd And Anr
- Author
- Ranjan Gogoi
- Bench
- Ranjan Gogoi
Judgment text excerpt
The Supreme Court addressed an application under Section 11(6) of the Arbitration and Conciliation Act, 1996 for the appointment of an arbitrator regarding disputes arising from a Memorandum of Understanding (MOU) dated 17th July, 2013 for the sale of a helicopter. The Court held that the arbitration clause in the MOU is valid and enforceable, despite the respondent's claims of non-participation and alleged forgery of the power of attorney. The Court directed the appointment of an arbitrator to resolve the disputes between the parties, emphasizing the importance of arbitration in contractual agreements.