Supreme Court of India · 2024-05-16
Dani Wooltex Corporation vs Sheil Properties Private Limited
- Citation / case number
- 2024 INSC 433
- Court
- Supreme Court of India
- Petitioner
- Dani Wooltex Corporation
- Respondent
- Sheil Properties Private Limited
- Author
- Abhay S. Oka
- Bench
- Pankaj Mithal, Abhay S. Oka
Judgment text excerpt
The Supreme Court addressed the legality of the Arbitral Tribunal's order terminating proceedings under clause (c) of sub-section (2) of Section 32 of the Arbitration and Conciliation Act, 1996. The Court held that the Tribunal must assess whether a party has abandoned its claim based on the conduct of the parties, emphasizing that mere inactivity does not automatically imply abandonment. The Court ultimately upheld the Tribunal's decision to dismiss the claim of Sheil, affirming the application of Section 32(2)(c) in this context.