ILC-2010-SC-ARB-May-4
Denel (Proprietary Limited) Vs. Bharat Electronics Ltd. and another
The Arbitration and Conciliation Act, 1996 - Section 11
Appoint sole arbitrator - Adjudicate the dispute - Payment of certain amounts towards Purchase Orders/Invoice - Respondent admitted their liability towards the aforesaid Purchase Orders - Refuse to settle - Ground - Prohibited from making payments by the Ministry of Defence, Government of India - Court observed - Failure on part of respondent - Appointment of an arbitrator - Accordance with understanding of parties - Appointed - Former Justice - Sole arbitrator to settle dispute - Petition allowed.
S.N. Bhat, Advocate
Topic(s)-
Important Decision(s)- Arbitration - Dispute for payment - Liability admitted - Refuse - Ground - Prohibited by the Ministry of Defence, Govt. - Arbitrator appointed.