Supreme Court of India · 2018-09-19
M/S. TRANS ASIAN SHIPPING SERVICES (PVT.) LTD. vs M/S. BEACON SHIPPING LINES LTD. REPRESENTED BY MR. MOHAMMED S. ASLAM MANAGING DIRECTOR
- Citation / case number
- SC 2012/10934
- Court
- Supreme Court of India
- Petitioner
- M/S. TRANS ASIAN SHIPPING SERVICES (PVT.) LTD.
- Respondent
- M/S. BEACON SHIPPING LINES LTD. REPRESENTED BY MR. MOHAMMED S. ASLAM MANAGING DIRECTOR
- Author
- HON'BLE THE CHIEF JUSTICE
- Bench
- HON'BLE THE CHIEF JUSTICE, HON'BLE MR. JUSTICE A.M. KHANWILKAR, HON'BLE THE CHIEF JUSTICE
Judgment text excerpt
The Supreme Court held that the arbitration clause in the agreement between the Indian petitioner and the Bangladeshi respondent is valid and enforceable under Indian law. The Court found that disputes had arisen and remained unsettled, thus justifying the appointment of a sole arbitrator as per the terms of the agreement. Justice Gyan Sudha Misra was appointed to resolve the dispute, and the arbitration petition was allowed without costs.