Indian Oil Corporation Ltd vs T Natarajan

The Supreme Court upheld the decision of the High Court which set aside the termination of the dealership agreement between Indian Oil Corporation Ltd. and the respondent. The Court emphasized that the termination was unjustified as the respondent was not given a fair opportunity to explain the alleged breaches. The Court reiterated the importance of adhering to the principles of natural justice in administrative actions, particularly in cases involving contractual relationships governed by arbitration clauses.