Arbitration: Dispute between a sick company and the Development Authority – Regarding the land owned by the Company – Writ petition by the Company seeking to resolve the dispute – High Court dismissed the petition holding that the appropriate remedy for the relief was a suit and not a writ petition – On appeal direction by Supreme Court to settle the dispute amicably – Amicable settlement failed – Request of the parties to refer the matter to sole Arbitrator – Held: Various disputes including the issue in the appeal, referred to sole Arbitrator – Sole Arbitrator appointed to decide the disputes – Appeal disposed of.
Oil and Natural Gas Commission and Anr. v. Collector of Central Excise (1995) Supp 4 SCC 541; Oil and Natural Gas Corpn. Ltd. vs. City & Industrial Development Corporation, Maharashtra Ltd. And Ors. (2007) 7 SCC 39 : [2007] 8 SCR 429 – referred to.
As published in the Supreme Court Reports, Supreme Court of India. Text from the Indian Supreme Court Judgments open data set (Dattam Labs), CC BY 4.0.
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