Indus Biotech Private Limited vs Kotak India Venture (Offshore) Fund ...

The Supreme Court granted the Arbitration Petition filed by Indus Biotech Private Limited for the appointment of an Arbitral Tribunal under the Arbitration and Conciliation Act, 1996. The court emphasized that the dispute qualifies for international arbitration due to the involvement of a Mauritius-based company as one of the respondents. The judgment highlights the applicability of the Act in cases involving international elements, affirming the need for arbitration to resolve the disputes effectively.