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Arbitration

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penal challenges
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Bombay High Court Rejects Arbitration in Kotak-Samruddhi Dispute: “Recovery Disputes Alone Are Covered; Penal Interest Challenges Must Go to Court”

Name of the Judgment: Samruddhi Industries Ltd. Through Its Authorised Signatory v. Kotak Mahindra Bank Ltd. Court’s Decision: The Bombay High Court dismissed an application under Section 11 of the…
Posted by Rawlaw June 19, 2025
Delhi High Court Overturns Arbitral Tribunal’s Order, Allowing Invocation of Bank Guarantees in Naval Construction Dispute, Citing Failure to Meet Specific Requirements for Invocation and Breach Declaration
Posted inNews

Delhi High Court Overturns Arbitral Tribunal’s Order, Allowing Invocation of Bank Guarantees in Naval Construction Dispute, Citing Failure to Meet Specific Requirements for Invocation and Breach Declaration

Court’s Decision: The Delhi High Court allowed the appeal, setting aside the impugned order dated 10 January 2024, passed by the Arbitral Tribunal. The High Court found that the invocation…
Posted by Rawlaw September 18, 2024

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