Supreme Court · 2003 INSC 166 · Decided 12 March 2003
Mysore Cements LTD. v. Svedala Barmac LTD.
- Court
- Supreme Court of India
- Citation
- 2003 INSC 166 · [2003] 2 S.C.R. 1028
- Case number
- CIVIL APPEAL No. 2321/2003
- Decided
- 12 March 2003
- Bench
- DORAISWAMY RAJU, SHIVARAJ V. PATIL (2-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- Arbitration Act Section 30, 36, 73, 74
Headnote
CEMENTS LTD. v. SVEDALA BARMAC LTD. MARCH 12, 2003 [DORAISWAMY RAJU AND SHIVARAJ V. PATIL, JJ.) Arbitration and Conciliation Act, 1996-Sections 30, 36, 73 and 74- Agreement between :two contracting parties in dispute-During pendency of C conciliation proceedings-Facts still Court dismissed the petition-On appeal, held: The agreement cannot be accorded status of settlement agreement as it does not fulfill essential legal pre-requisites of Section 73 and hence not liable D to be executed-Every agreement during pendency of conciliation proceeding does not
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