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What is Mediation Case: Nexon vs. Stellar 2025 about?

Nexon Electronics Pvt. Ltd. and Stellar Innovations Inc. are in a dispute over a supply agreement for microprocessors, with Stellar alleging defects and delivery delays, while Nexon cites compliance with specifications and supply chain issues. Stellar is seeking a price reduction and compensation for losses, while Nexon accuses Stellar of unlawfully withholding payments and violating contract terms. Both parties have agreed to mediation to resolve these issues and maintain their business relationship.

Author

Mihika Joshi

Language

EN