Supreme Court of India · 2022-09-07
BABANRAO RAJARAM PUND vs M/S SAMARTH BUILDERS AND DEVELOPERS
- Citation / case number
- SC 2021/22341
- Court
- Supreme Court of India
- Petitioner
- BABANRAO RAJARAM PUND
- Respondent
- M/S SAMARTH BUILDERS AND DEVELOPERS
- Author
- HON'BLE MS. JUSTICE INDIRA BANERJEE
- Bench
- HON'BLE MS. JUSTICE INDIRA BANERJEE, HON'BLE MR. JUSTICE SURYA KANT, HON'BLE MR. JUSTICE M.M. SUNDRESH
Judgment text excerpt
The Supreme Court addressed the validity of Clause 18 in a Development Agreement regarding its sufficiency to constitute a legal arbitration agreement. The court examined the terms of the agreement and the intentions of the parties involved in the construction of 'Amay Apartments'. It concluded that the clause did indeed provide the necessary legal framework for arbitration, thereby upholding the enforceability of the arbitration agreement.