Supreme Court · 2012 INSC 152 · Decided 29 March 2012
Minerals & Metals Trading Corporation of India LTD. v. Ocean Knigh Maritime CO. LTD. and Others
- Court
- Supreme Court of India
- Citation
- 2012 INSC 152 · [2012] 3 S.C.R. 965
- Case number
- CIVIL APPEAL No. 4360/2006
- Decided
- 29 March 2012
- Bench
- RAJENDRA MAL LODHA, H.L. GOKHALE (2-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
- Acts & sections cited
- Arbitration Act Section 5, 11, 12, 37; Limitation Act
Headnote
965 MINERALS & METALS TRADING CORPORATION OF INDIA LTD. v. OCEAN KNIGH MARITIME CO. LTD. AND OTHERS (Civil Appeal No. 4360 of 2006) MARCH 29, 2012 [R.M. LODHA AND H.L. GOKHALE, JJ.) A B Arbitration Act, 1940 - ss. 5, 11, 12 and 37 - Time barred arbitration petition - By a Charter Party, respondent no. 2 as its arbitrator whereas appellant appointed respondent No.3 as its arbitrator- Time for giving the award o by the arbitrators was up to March 31, 1993 - Arbitral award could not be passed for want of consensus between the arbitrators - On July 3, 1999, respondent No. 1
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