Can I read Cheran Properties v. Kasturi: Arbitration Ruling on EtoBox?

Cheran Properties v. Kasturi: Arbitration Ruling by dunewsfeed is a document available to read on EtoBox.

What is Cheran Properties v. Kasturi: Arbitration Ruling about?

The Supreme Court ruled that an arbitral award is final and binding not only on the parties involved but also on third parties claiming under them, as per Section 35 of the Arbitration and Conciliation Act, 1996. In this case, Cheran Properties Limited was found to be bound by an arbitral award requiring the return of share certificates, despite not being a signatory to the arbitration agreement, as it was deemed to have assumed obligations under the agreement. The court upheld the enforcement of the award

Author

dunewsfeed

Language

EN