Search Results for "commercial arbitration petition"

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High Court of Karnataka Sets Aside Execution Orders in Arbitration Award Enforcement — Petitioner Granted Opportunity to File Objections. Court holds that execution court must consider objections under Section 47 CPC before ordering sale of judgment debtor's property.

The petitioner, Sri Ashish K. Philip, was the judgment debtor in execution proceedings arising out of an arbitration award in favor of the respondent,...

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Madras High Court Allows Appeal in MSMED Act Arbitration Challenge — Pre-Deposit Must Include Interest. Section 19 of MSMED Act mandates 75% deposit of entire award amount, including compound interest, and Single Judge's order restricting deposit to principal was erroneous.

The case involves an appeal by M/s.Unicon Engineers, the respondent in an arbitration petition, against an order of a learned Single Judge of the Madr...

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Supreme Court Allows Appeal in Part and Refers Question of Law to Larger Bench in MSMED Act Dispute. Registration Under Section 8 of MSMED Act, 2006 Not a Precondition for Reference Under Section 18, but Issue Requires Authoritative Determination by Three-Judge Bench.

The Supreme Court of India heard an appeal by NBCC (India) Ltd. against the State of West Bengal and others, concerning a dispute with M/s Saket Infra...

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Bombay High Court Upholds Existence of Arbitration Clause in Draft Film Distribution Agreement, Appoints Sole Arbitrator. Draft Agreement and Correspondence Constituted Valid Arbitration Clause Under Section 7 of Arbitration Act, 1996, as Per Trimex International Precedent.

The applicant, Heera Laxmi Amusements Private Limited, a film distributor, filed a Miscellaneous Civil Application under Section 11 of the Arbitration...

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Bombay High Court Allows Arbitration Petitions in Loan Dispute — Appoints Sole Arbitrator for IIFL Finance Disputes. Court finds that disputes arising from loan agreements containing arbitration clauses are arbitrable and appoints a retired judge as sole arbitrator.

The judgment concerns three arbitration petitions filed by DS Textiles, Madhuram Fabrics Pvt Ltd, and P R Packing Service against IIFL Finance Limited...