AJANTA TRANSISTOR CLOCK MANUFACTURING CO. vs AJANTA LIMITED

Judicial Analysis Court Copy Headnote Facts Arguments Court observation

2016 Supreme(Del) 2036

MANMOHAN SINGH
AJANTA TRANSISTOR CLOCK MANUFACTURING CO. – Appellant
Versus
AJANTA LIMITED – Respondent

Advocates Appeared:
For the Appellant : Mr. Dharita Purvish Malkan, Adv.
For the Respondent: Mr. Dushyant Dave, Sr. Adv. with Mr. T. Sundar Ramanathan & Ms. Geetanjali Sharma, Adv.

JUDGMENT :

MANMOHAN SINGH, J.

1. The petitioners have filed the present petition under Section 34 of the Arbitration and Conciliation Act, 1997 (hereinafter referred to as the ‘Act’) for setting aside the arbitral award dated 19th January, 2016 passed by learned Sole Arbitrator Justice R.C. Lahoti (former Chief Justice of India).

2. When the matter was listed before the Court on 2nd May, 2016, on limited point the arguments were addressed by the petitioners’ counsel.

3. The said arguments were refuted by Mr. Dushyant Dave, learned Senior counsel appearing on behalf of respondents, who argued that none of the grounds is available to the petitioners to challenge the award in which each and every aspect of the matter has been discussed. There is no scope of interference within the scheme of Section 34 of the Act. Since the award passed is detailed one, therefore, the order was reserved.

4. Facts of the case as per pleadings and evi

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2016 Supreme(Del) 2036

MANMOHAN SINGHAJANTA TRANSISTOR CLOCK MANUFACTURING CO. – AppellantVersusAJANTA LIMITED – Respondent

MANMOHAN SINGH
AJANTA TRANSISTOR CLOCK MANUFACTURING CO. – Appellant
Versus
AJANTA LIMITED – Respondent