Supreme Court · 2021 INSC 712 · Decided 10 November 2021

Ratnam Sudesh Iyer v. Jackie Kakubhai Shroff

Court
Supreme Court of India
Citation
2021 INSC 712 · [2021] 11 S.C.R. 97
Case number
CIVIL APPEAL No. 6112/2021
Decided
10 November 2021
Bench
SANJAY KISHAN KAUL, M.M. SUNDRESH (2-judge bench)
Outcome
Dismissed
Case type
Civil
Acts & sections cited
Arbitration Act Section 34, 2(1)(f)

Headnote

Arbitration and Conciliation Act, 1996: s. 34 - Setting aside of arbitral award -Dispute between the appellant and respondent as regards sale of share - Complaint by the respondent before the police against the appellant - Parties entered into settlement deed whereby the the appellant and was forbidden from writing complaints to any person about the Deed and in return was to be paid US$ 1.5 million held in escrow till the withdrawal of complaints; and US$ 2 million was to be paid to the respondent out of the proceeds from the sale of shares of the company -

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