Supreme Court · 1999 INSC 377 · Decided 1 September 1999
Atlas Export Industries v. Kotak and Company
- Court
- Supreme Court of India
- Citation
- 1999 INSC 377 · [1999] SUPP. 2 S.C.R. 192
- Case number
- CIVIL APPEAL No. 7410/1994
- Decided
- 1 September 1999
- Bench
- S. RAJENDRA BABU, R.C. LAHOTI (2-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- Contract Act Section 23, 28
Headnote
Foreign Awards (Recognition and Enforcement) Act, 1965: Sections 5 and 6. C Arbitration-Agreement to refer disputes to arbitration-Referencial incorporation of arbitration clause is permissible and binding on parties­ Se//er entered into a contract to supply goods to foreign buyer through contract of the Grains and Food Trade Association D Ltd (GAFTA)-The standard contract provided for settlement of disputes by arbitration in a foreign country which actually took place and award passed­ Va/idity.. of-Held: It is not open to a party entering into a contract to raise objections
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