Case Law Details
Case Name : Power tech World Wide Limited Vs. Delvin International General Trading LLC (Supreme Court)
Appeal Number : Arbitration Petition (Civil) No. 5 of 2010
Date of Judgement/Order : 14/11/2010
Related Assessment Year :
Courts :
Supreme Court of India
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Powertech World Wide Limited Vs. Delvin International General Trading LLC (Supreme Court) – The disputes having arisen between the parties, the respondent, instead of challenging the existence of a valid arbitration clause, took the stand that the arbitration would not be cost effective and will be pre-mature. In view of the facts, this Court held that there was an arbitration agreement between the parties and the petitioner was entitled to a reference under Section 11 of the Act and observed: “No party can be allowed to take advanta
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