Supreme Court · 2009 INSC 1159 · Decided 18 September 2009
The Branch Manager, M/S. Magma Leasing and Finance Limited and ANR. v. Potluri Madhavilata and ANR.
- Court
- Supreme Court of India
- Citation
- 2009 INSC 1159 · [2009] 14 S.C.R. 815
- Case number
- CIVIL APPEAL No. 6399/2009
- Decided
- 18 September 2009
- Bench
- TARUN CHATTERJEE, RAJENDRA MAL LODHA (2-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
- Acts & sections cited
- CPC Section 151; Arbitration Act Section 8, 151
Headnote
-4 Arbitration and Conciliation Act, 1996 - s. 8 - Hire purchase agreement entered into by respondent-hirer with c appellant-finance company in respect of motor vehicle - Agreement containing atbitration clause - Default in payment of installments of agreement by appellant - Vehicle seized from respondent - Respondent "t filed suit for recovery of possession of the vehicle - Appellant D filed application u/s.8 of the Act read with s.151 CPC for referring the dispute raised in the suit, to an arbitrator - Application dismissed -
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