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july 2024

Supreme Court of India · 2024-07-18

Sbi General Insurance Co. Ltd vs Krish Spinning

Citation / case number
2024 INSC 532
Court
Supreme Court of India
Petitioner
Sbi General Insurance Co. Ltd
Respondent
Krish Spinning
Author
Dhananjaya Y. Chandrachud
Bench
Dhananjaya Y. Chandrachud

Judgment text excerpt

The Supreme Court addressed the applicability of arbitration agreements post-discharge of the underlying contract, specifically under Section 11(6) of the Arbitration and Conciliation Act, 1996. The Court held that the execution of a discharge voucher does not bar the invocation of arbitration if the arbitration agreement survives the discharge. The judgment clarified the standard of judicial scrutiny applicable when a plea of 'accord and satisfaction' is raised, emphasizing the autonomy of arbitral agreements and the limited scope of judicial interference.

Sbi General Insurance Co. Ltd vs Krish Spinning · Niyam