Supreme Court of India · 2021-02-22
GR GREEN LIFE ENERGY PVT. LTD. vs LEITWIND SHRIRAM MANUFACTURING PRIVATE LIMITED
- Citation / case number
- SC 2020/28336
- Court
- Supreme Court of India
- Petitioner
- GR GREEN LIFE ENERGY PVT. LTD.
- Respondent
- LEITWIND SHRIRAM MANUFACTURING PRIVATE LIMITED
- Author
- HON'BLE MS. JUSTICE INDU MALHOTRA
- Bench
- HON'BLE MR. JUSTICE AJAY RASTOGI HON'BLE MS. JUSTICE INDU MALHOTRA
Judgment text excerpt
The Supreme Court addressed the appeal challenging the Madras High Court's order regarding the appointment of an arbitrator under the Arbitration and Conciliation Act, 1996. The court emphasized the binding nature of the arbitration clause in the Development Agreement and upheld the necessity of arbitration for resolving disputes arising from the contract. Consequently, the court directed that the arbitration proceedings should proceed as per the agreed terms in the contract.