Dealing with an application filed under Section 11 of the Arbitration and Conciliation Act, 1996 (‘Arbitration Act’), the 3-Judge Bench of the Supreme Court has doubted the correctness of its earlier decision in the case Chloro Controls India Pvt. Ltd. v. Seven Trent Water Purification and number of subsequent decisions […]
Refers
‘Group Of Companies’ Doctrine Needs Relook, Says Supreme Court; Refers Issues To Larger Bench
The Supreme Court, on Friday, referred various aspects regarding the application of the doctrine of ‘Group of Companies’, which is often utilised to bind non-signatories to an Arbitration Agreement, to a larger Bench. “There is a clear need for having a relook at the doctrinal ingredients concerning the group of […]