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Supreme Court of India · 2021-03-26

INDUS BIOTECH PRIVATE LIMITED vs KOTAK INDIA VENTURE (OFFSHORE) FUND (EARLIER KNOWN AS KOTAK INDIA VENTURE LIMITED)

Citation / case number
SC 2019/39562
Court
Supreme Court of India
Petitioner
INDUS BIOTECH PRIVATE LIMITED
Respondent
KOTAK INDIA VENTURE (OFFSHORE) FUND (EARLIER KNOWN AS KOTAK INDIA VENTURE LIMITED)
Author
HON'BLE THE CHIEF JUSTICE
Bench
HON'BLE THE CHIEF JUSTICE, HON'BLE MR. JUSTICE A.S. BOPANNA, HON'BLE MR. JUSTICE V. RAMASUBRAMANIAN

Judgment text excerpt

The Supreme Court granted the Arbitration Petition filed by Indus Biotech Private Limited for the appointment of an arbitrator under the Arbitration and Conciliation Act, 1996. The court found that the dispute qualified for international arbitration due to the involvement of a Mauritius-based company, and it was appropriate to constitute a single Arbitral Tribunal for adjudicating the disputes arising from multiple agreements. The decision emphasizes the efficiency of resolving related disputes through a unified arbitration process.

INDUS BIOTECH PRIVATE LIMITED vs KOTAK INDIA VENTURE (OFFSHORE) FUND (EARLIER KNOWN AS KOTAK INDIA VENTURE LIMITED) · Niyam