DECCAN PAPER MILLS CO. LTD. vs REGENCY MAHAVIR PROPERTIES .

The Supreme Court addressed the issue of assignment of rights under a development agreement without an arbitration clause. The court examined the implications of clause 7(m) of the agreement between Deccan Paper Mills and Ashray Premises Pvt. Ltd., which allowed for assignment of rights. The court ultimately ruled that the assignment was valid and did not violate the terms of the original agreement, thus upholding the rights of the parties involved.