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What is Ultratech Cement LTD Vs Sunfield Resources Pty LtdMH2016271216155628116COM301571 about?

The High Court of Bombay decided on an appeal from Ultratech Cement Ltd. against Sunfield Resources Pty. Ltd. regarding a demurrage claim under an arbitration agreement. The Sole Arbitrator had previously ruled in favor of Sunfield, ordering Ultratech to pay US $245,337.92 in demurrage, which Ultratech contested on grounds of indemnity and failure to prove payment to vessel owners. The court upheld the Arbitrator

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ANSHIKA

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EN