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Supreme Court of India · 2020-08-19

AVITEL POST STUDIOZ LIMITED AND ORS. vs HSBC PI HOLDING (MAURITIUS) LIMITED

Citation / case number
SC 2014/28591
Court
Supreme Court of India
Petitioner
AVITEL POST STUDIOZ LIMITED AND ORS.
Respondent
HSBC PI HOLDING (MAURITIUS) LIMITED
Author
HON'BLE MR. JUSTICE ROHINTON FALI NARIMAN
Bench
HON'BLE MR. JUSTICE ROHINTON FALI NARIMAN, HON'BLE MR. JUSTICE NAVIN SINHA, HON'BLE MS. JUSTICE INDIRA BANERJEE

Judgment text excerpt

The Supreme Court addressed appeals under Section 9 of the Arbitration and Conciliation Act, 1996, concerning a Share Subscription Agreement between Avitel India and HSBC. The Court held that the arbitration clause within the SSA, which mandates arbitration at the Singapore International Arbitration Centre, is valid and enforceable. The Court emphasized that parties cannot seek judicial intervention for preliminary legal questions, except for conservatory or interim relief, thereby upholding the integrity of the arbitration process.

AVITEL POST STUDIOZ LIMITED AND ORS. vs HSBC PI HOLDING (MAURITIUS) LIMITED · Niyam