Supreme Court of India · 2016-02-05
Suresh Narayan Kadam & Ors vs Central Bank Of India & Ors
- Citation / case number
- AIR 2016 SUPREME COURT 714
- Court
- Supreme Court of India
- Petitioner
- Suresh Narayan Kadam & Ors
- Respondent
- Central Bank Of India & Ors
- Author
- Madan B. Lokur
- Bench
- R.K. Agrawal, Madan B. Lokur
Judgment text excerpt
The Supreme Court emphasized the importance of institutional mediation in resolving disputes, referencing prior judgments such as Salem Advocate Bar Assn. (II) v. Union of India and Afcons Infrastructure Ltd. v. Cherian Varkey Construction Co. (P) Ltd. The Court held that without an institutional mechanism, efforts for settlement may not succeed, as seen in the case involving the Maharashtra Housing and Area Development Authority and the Central Bank of India. The Court encouraged the use of mediation as a preferable alternative to protracted litigation, reinforcing its commitment to expeditious justice delivery.