Goodwill Non-Woven (P.) Limited vs Xcoal Energy & Resources LLC

Judicial Analysis Court Copy Headnote Facts Arguments Court observation

DELHI HIGH COURT
V.KAMESWAR RAO
Goodwill Non-Woven (P.) Limited – Appellant
Versus
Xcoal Energy & Resources LLC – Respondent

Table of Content
1. factual background of contractual obligations (Para 2 , 3 , 4 , 5 , 6 , 7 , 8 , 9 , 10 , 11 , 12)
2. arguments regarding jurisdiction and applicability of section 9 (Para 13 , 14 , 15 , 16 , 17 , 18)
3. defenses presented by the respondent and legal precedents cited (Para 19 , 20 , 21 , 22 , 23 , 24)
4. court's observations on the maintenance and legal standards for interim relief (Para 25 , 26 , 27 , 28 , 29)
5. court's analysis of the petitioner’s obligations and respondent’s claims (Para 30 , 31 , 32 , 33 , 34 , 35)
6. court’s ruling on the applicability of section 9 in international arbitration context (Para 36 , 37 , 38 , 39 , 40 , 41 , 42 , 43 , 44 , 45)
7. final order regarding maintainability and merits of relief request (Para 46 , 47 , 48 , 49 , 50)

JUDGMENT

V. Kameswar Rao, J. This is a petition filed under Section 9 of the Arbitration and Conciliation Act, 1996, with the following prayers-:

i. Direct the Respondent to furnish adequate security in the form of a bank guarantee issued by a nationalized bank in India or such other security that shall cover the entire sum in dispute between the parties;

ii. Alternatively, direct the Respondent to deposit with

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DELHI HIGH COURTV.KAMESWAR RAOGoodwill Non-Woven (P.) Limited – AppellantVersusXcoal Energy & Resources LLC – Respondent

DELHI HIGH COURT
V.KAMESWAR RAO
Goodwill Non-Woven (P.) Limited – Appellant
Versus
Xcoal Energy & Resources LLC – Respondent