Supreme Court · 2025 INSC 864 · Decided 17 July 2025
M/S Sonali Power Equipments PVT. LTD. v. Chairman, Maharashtra State Electricity Board, Mumbai & ORS.
- Court
- Supreme Court of India
- Citation
- 2025 INSC 864 · [2025] 7 S.C.R. 1144
- Case number
- CIVIL APPEAL No. 9524/2025
- Decided
- 17 July 2025
- Bench
- PAMIDIGHANTAM SRI NARASIMHA, JOYMALYA BAGCHI (2-judge bench)
- Outcome
- Case Partly allowed
- Case type
- Civil
- Acts & sections cited
- Arbitration Act Section 2(4), 43; Limitation Act Section 18, 18(3), 18(2)
Headnote
(i) Whether the Limitation Act applies to conciliation proceedings u/s.18 of the Micro, Small and Medium Enterprises Development Act, 2006 (MSMED Act), and even if not, whether time-barred debts can be (ii) Whether the Limitation Act applies to arbitration proceedings u/s.18 of the MSMED Act, and whether time-barred debts can be referred to arbitration. Further, what is the effect of disclosure of the unpaid amount in the buyer's financial statements as mandated u/s.22 on extending
Judgments are the courts' own published copies, provided for study; they are not certified copies. Source: Indian Supreme Court & High Court Judgments, Dattam Labs (CC-BY-4.0)