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Corporate Law

Order terminating proceedings u/s 25(a) can be recalled by Arbitral Tribunal on application of claimant

Case Law Details

Case Name
Union of India Vs Delhi State Consumer Co Operative Federation Ltd. (Delhi High Court)
Date of Judgement/Order
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Advertisement Union of India Vs Delhi State Consumer Co Operative Federation Ltd. (Delhi High Court) Facts- According to Union of India, Delhi State Consumers Co-operative Federation Limited (respondent) failed to furnish the requisite security deposit, as a result of which each of the contracts were cancelled at the risk and cost of the respondent. The Union sought to claim consequential damages. On 05.09.2016, the Union received legal notices from DSCCFL for reference of the matters to arbitration. After various actions at both the end, before any further progress could be made in the mat...
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