Supreme Court · 2008 INSC 1407 · Decided 5 December 2008
Speech & Software Technologies (India) PVT. v. Neos Interactive LTD.
- Court
- Supreme Court of India
- Citation
- 2008 INSC 1407 · [2008] 17 S.C.R. 62
- Case number
- ARBITRATION PETITION No. 22/2007
- Decided
- 5 December 2008
- Bench
- J.M. PANCHAL (1-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Arbitration
- Acts & sections cited
- Arbitration Act Section 11(6)
Headnote
17 S.C.R. 62 ' A SPEECH & SOFTWARE TECHNOLOGIES (INDIA) PVT. : LTD. v. NEOS INTERACTIVE LTD. (Arbitration Application No.22 of 2007) B DECEMBEB 5, 2008 [J.M. PANCHAL, J.] Arbitration and Conciliation·Act, 1996: c ss.2(1)(b), 11(6) and (9) - International commercial arbitration - terminated and with that SeNices Agreement ceased to exist and, the Tripartite Share Purchase Agreement was novated, rescinded and revoked on account of Letter of Intent, and, therefore the application ~ was liable to ·be rejected - Held: SeNices Agreement was E not dependent
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