Supreme Court of India · 2019-01-23
Rajasthan Small Industries Corportion ... vs M/S Ganesh Containers Movers Syndicate
- Citation / case number
- AIRONLINE 2019 SC 615
- Court
- Supreme Court of India
- Petitioner
- Rajasthan Small Industries Corportion ...
- Respondent
- M/S Ganesh Containers Movers Syndicate
- Author
- R. Banumathi
- Bench
- Indira Banerjee, R. Banumathi
Judgment text excerpt
The Supreme Court upheld the High Court's decision to appoint an independent arbitrator under Section 11 and Section 15 of the Arbitration and Conciliation Act, 1996, due to the unsatisfactory progress of the previous arbitration proceedings. The Court emphasized that the arbitration clause in the contract allowed for the appointment of an arbitrator by mutual consent, and the delay in the arbitration process warranted intervention. The Court affirmed the High Court's ruling, ensuring that the dispute between the parties would be resolved by a neutral arbitrator.