Greaves Cotton Limited vs United Machinery And Appliances

The Supreme Court held that the filing of an application for extension of time to file a written statement does not constitute a waiver of the right to seek arbitration under Section 5 and Section 8 of the Arbitration and Conciliation Act, 1996. The Court emphasized that judicial intervention is limited as per Section 5, and the High Court's rejection of the arbitration application was erroneous. Consequently, the Supreme Court allowed the appeal and directed the disputes to be referred to arbitration as per the agreement's arbitration clause.