Supreme Court of India · 2019-07-30
ZENITH DRUGS AND ALLIED AGENCIES PVT. LTD. REPRESENTED BY ITS MANAGING DIRECTOR SHRI UDAY KRISHNA PA vs M/S. NICHOLAS PIRAMAL INDIA LTD.
- Citation / case number
- SC 2007/30698
- Court
- Supreme Court of India
- Petitioner
- ZENITH DRUGS AND ALLIED AGENCIES PVT. LTD. REPRESENTED BY ITS MANAGING DIRECTOR SHRI UDAY KRISHNA PA
- Respondent
- M/S. NICHOLAS PIRAMAL INDIA LTD.
- Author
- HON'BLE MRS. JUSTICE R. BANUMATHI
- Bench
- HON'BLE MR. JUSTICE A.S. BOPANNA HON'BLE MRS. JUSTICE R. BANUMATHI
Judgment text excerpt
The Supreme Court upheld the decision of the Guwahati High Court to refer the parties to arbitration in a dispute arising from a clearing and forwarding agency agreement. The court emphasized the validity of the arbitration clause in the agreement despite the merger of the original contracting party. The ruling reinforces the principle that arbitration agreements remain enforceable even when one party undergoes a change in legal status due to merger.