Supreme Court of India · 2022-01-25
Intercontinental Hotels Group (India) ... vs Waterline Hotels Pvt. Ltd.
- Court
- Supreme Court of India
- Petitioner
- Intercontinental Hotels Group (India) ...
- Respondent
- Waterline Hotels Pvt. Ltd.
- Author
- N.V. Ramana
- Bench
- Hima Kohli, Surya Kant, N.V. Ramana
Judgment text excerpt
The Supreme Court addressed a petition for the appointment of a sole arbitrator under the Arbitration and Conciliation Act, 1996, concerning a dispute arising from a Hotel Management Agreement between Intercontinental Hotels Group and Waterline Hotels. The court emphasized the importance of arbitration in resolving commercial disputes and affirmed the validity of the agreement, thereby allowing the petition for arbitration to proceed. The ruling underscores the court's commitment to upholding arbitration as a preferred method for dispute resolution in commercial contracts.