Advertisement
Advertisement
Skip to content
Follow Us on
Advertisement
TOP STORIES
Corporate Law

Novation of MOU with execution of Supplemental Agreement cannot decided U/s. 11 of Arbitration Act

Case Law Details

Case Name
Jaganmayi Builders And Developers Private Limited Vs Sumanth Reddy (Karnataka High Court)
Date of Judgement/Order
Only available for paid members
Advertisement Jaganmayi Builders And Developers Private Limited Vs Sumanth Reddy (Karnataka High Court) Conclusion: All questions relating to novation of the MOU with the execution of the Supplemental Agreement and the significance of reference to the terms of the MOU in Clause-13 of the Supplemental Agreement, which touch upon the jurisdiction of the sole Arbitrator to enter reference of the dispute, must be decided by the sole Arbitrator as required under Section 16 of the Arbitration Act. Therefore, this Court was of the considered view that the petition must be allowed appointing a sole...
This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
Advertisement

Join TaxGuru's Network for the latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

Leave a Reply

Your email address will not be published. Required fields are marked *