S.J.KATHAWALLA, R.I.CHAGLA
ANIKET SA INVESTMENTS LLC, MAURITIUS – Appellant
Versus
JANAPRIYA ENGINEERS SYNDICATE PVT. LTD. , HYDERABAD – Respondent
JUDGMENT :
S. J. KATHAWALLA, J. :—
BRIEF FACTS :
By this Appeal filed under section 37 of the Arbitration and Conciliation Act, 1996 (“the Act”), the appellant-Aniket SA Investments LLC (original Petitioner) has challenged an Order of the learned Single Judge dated 22nd October, 2019 (“the Impugned Order”). The appellant has filed a section 9 Petition under the Arbitration and Conciliation Act, 1996, seeking urgent interim reliefs in relation to a dispute arising out of a Securities Subscription and Shareholders Agreement. The appellant is a foreign investor and shareholder of respondent No. 2-Janapriya Townships Private Limited, a Special Purpose Vehicle or Joint Venture Company that is carrying out a real estate development project in Ameenpur Village, Medak District in Telangana. The other shareholder of respondent No. 2 is respondent No. 1-Janapriya Engineers and Syndicate Private Limited. The appellant, respondent No. 1 and respondent No. 2 have entered into a Share Subscription and Shareholders Agreement dated 21st August, 2008 (“the Agreement”). The Agreement appears to have been subsequently modified. The appellant, respondent No. 1 and respondent No. 2 have also entered into
Bharat Aluminium Company vs. Kaiser Aluminium Technical Services Inc. (“BALCO”) (2012) 9 SCC 552
BALCO, Indus Mobile, Swastik Gases (P) Ltd. vs. Indian Oil Corporation Ltd.
BGS SGS Soma JV vs. NHPC Limited (“BGS SGS”)
Balco vs. Kaiser Aluminium Technical Services Inc.
Indus Mobile Distribution (P) Ltd. vs. Datawind Innovations (P) Ltd.
Swastik Gases (P) Ltd. vs. Indian Oil Corpn. Ltd. [(2013) 9 SCC 32 = (2013) 4 SCC (Civ) 157]
Datawind Innovations (P) Ltd.vs. Indus Mobile Distribution (P) Ltd.
Brahmani River Pellets Ltd. vs. Kamachi Industries Ltd. [(2020) 5 SCC 462 = 2019 SCC OnLine SC 929
Reliance Industries Ltd. vs. Union of India
Videocon Industries Ltd. vs. Union of India [(2011) 6 SCC 161 = (2011) 3 SCC (Civ) 257
Hakam Singh vs. Gammon (India) Ltd.
Jawahar Sons Enterprises Pvt. vs. State and ors., AIR 2002 Raj 206
Login now and unlock free premium legal research
Login to SupremeToday AI and access free legal analysis, AI highlights, and smart tools.
Login
now!
India’s Legal research and Law Firm App, Download now!
Copyright © 2023 Vikas Info Solution Pvt Ltd. All Rights Reserved.