Supreme Court Upholds Petition for Arbitration in Corporate Dispute — Clarifies Non-Arbitrability in Insolvency Proceedings. Citing that the invocation of arbitration was justified as the insolvency petition had not been admitted, thus allowing the parties to resolve their disputes through arbitration....
The dispute arose between Indus Biotech Private Limited and Kotak India Venture regarding the conversion of Optionally Convertible Redeemable Preference Shares into equity shares. Indus Biotech filed ...
