Supreme Court · 2018 INSC 394 · Decided 24 April 2018
Cheran Properties Limited v. Kasturi and Sons Limited and ORS.
- Court
- Supreme Court of India
- Citation
- 2018 INSC 394 · [2018] 4 S.C.R. 1063
- Case number
- CIVIL APPEAL No. 10025/2017
- Decided
- 24 April 2018
- Bench
- DIPAK MISRA, D.Y. CHANDRACHUD, A.M. KHANWILKAR (3-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- Arbitration Act Section 35, 36, 7; Companies Act Section 111
Headnote
Arbitration and Conciliation Act, 1996: ss. 35, 36, 7 - Finality of awards - Enforcement - Arbitration agreement - Binding on third parties who may not be signatories to an agreement between two contracting parties - Held: Section 35 postulates that be final and binding on the parties and persons claiming under them respectively - Expression "persons claiming under them" is a legislative recognition of the doctrine that besides the parties, an arbitral award binds every person whose capacity or position is derived from
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