NCLAT: Consideration of Debt Restructuring by Lenders Doesn’t Bar Member from Initiating Proceedings  ||  Delhi High Court: In Matters of Medical Evaluation, Courts Should Exercise Restraint  ||  Delhi HC: Any Person in India Has Right to Legally Import Goods from Abroad and Sell the Same  ||  Delhi HC: Waiver to Section 12(5) of Arbitration Act to be Given Once Tribunal is Constituted  ||  Supreme Court Has Asked States to Regularise Existing Court Managers  ||  SC: Union & States to Create Special POSCO Courts on Top Priority  ||  SC Upholds Authority of CERC to Award Compensation for Delays  ||  SC: Arbitral Tribunal Has Discretion to Include in Sum Awarded, Interest at Rate as it Deems Reasonab  ||  SC: Cannot Use Article 142 to Frame Guidelines on Judicial Recusal  ||  SC: Satisfaction Recorder in One EP Won’t Affect Subsequent EPs for Future Breaches    

Union of India (UOI) v. Reliance Industries Limited and Ors. - (Supreme Court) (22 Sep 2015)

Supreme Court dismisses UoI plea to hear arbitration dispute with Reliance

MANU/SC/1064/2015

Arbitration

Noting the “valiant attempt to reopen a question settled twice over, that is by dismissal of both a review petition and a curative petition on the very ground urged before us, must meet with the same fate” by the Union of India, the Court dismissed its petition on the maintainability of dispute arising out of arbitral proceedings with Reliance. It reiterated its previous ruling that since the seat of arbitration was shifted to London, and the arbitration agreement was governed by English law, India's Arbitration Act, 1996 would not apply.

Relevant : Bhatia International v. Bulk Trading S.A. and Anr. MANU/SC/0185/2002 National Thermal Power Corporation v. Singer Co. MANU/SC/0146/1993 Venture Global Engineering v. Satyam Computer Services Ltd. and Anr. MANU/SC/0333/2008

Tags : ARBITRATION   JURISDICTION  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved