Supreme Court · 2019 INSC 817 · Decided 25 July 2019
River Pellets Limited v. Kamachi Industries Limited
- Court
- Supreme Court of India
- Citation
- 2019 INSC 817 · [2019] 9 S.C.R. 1140
- Case number
- ARBITRATION PETITION No. 5850/2019
- Decided
- 25 July 2019
- Bench
- R. BANUMATHI, A.S. BOPANNA (2-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Arbitration
- Acts & sections cited
- Arbitration Act Section 2(1)(e), 2(2), 11(6)
Headnote
Arbitration and Conciliation Act, 1996 - ss.2(1)(e), 2(2), 11(6), and 20 - Appellant entered into an agreement with the respondent for sale of 40,000 WMT (Wet Metric Tonne) of Iron Ore Pellets on FOB terms - Dispute arose regarding the price and claimed damages alleging that it had to procure the Iron Ore Pellets from other sources at higher rates- Appellant denied liability to pay damages - Respondent filed petition u/s.11(6) before the Madras High Court for appointment of the sole arbitrator - Appellant challenged
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