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february 2016

Supreme Court of India · 2016-02-17

Rajendra Kumar Tekriwal vs M/S Unique Constrn.P.Ltd.& Ors

Citation / case number
AIRONLINE 2016 SC 118
Court
Supreme Court of India
Petitioner
Rajendra Kumar Tekriwal
Respondent
M/S Unique Constrn.P.Ltd.& Ors
Bench
Rohinton Fali Nariman, Kurian Joseph

Judgment text excerpt

The Supreme Court dismissed the main appeal and cross appeal, affirming that the Arbitrator is competent to address the disputes between the parties. The Court vacated the interim order dated 25.02.2010 and emphasized that all contentions may be raised before the Arbitrator, who is requested to conclude proceedings within six months. The Court clarified that any transactions entered into during this period will be subject to the arbitration outcome, and the appellant retains the right to challenge the valuation of any sale transaction under law.

Rajendra Kumar Tekriwal vs M/S Unique Constrn.P.Ltd.& Ors · Niyam