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2011 Supreme(Ker) 844

K.M.JOSEPH, M.C.HARI RANI
Shastha Enterprises – Appellant
Versus
Olam International Ltd. – Respondent


Advocates appeared:
For the Appellants :V. Chitambaresh (Sr.), B. Suresh Kumar, Advocates.
For the Respondents:T.R. Aswas, Advocate.

Judgment

K.M. Joseph, J.

1. ARBA No.40/2010 is directed against the order OP (Arb) No.21/2009 passed by the District Court, Kollam. The OP was filed under Sec.34 of the Arbitration and Conciliation Act, 1996 (hereinafter referred to as the Act) by the appellants to set aside the arbitral award dated 14.1.2009. ARBA No.41/2010 is filed against the order passed in OP (Arb) 231/2008 filed by the respondent under Sec.9 of the Act to secure the award amount that was likely to be passed in his favour.

2. The respondent company which is incorporated at Singapore is doing business in species, edible oil, nut etc. The appellant is a cashew exporter. Purchase confirmation note dated 2.5.2007 containing admitted signature of the appellant was issued agreeing to export cashew kernel to the respondent. Likewise, confirmation note dated 25.5.2007 was admittedly issued by the appellant. So also, confirmation note dated 6.7.2007 also containing the admitted signature of the appellant was issued agreeing to export cashew to the respondent.

3. On the one hand, the respondent would contend that contracts dated 3.5.2007, 25.5.2007, and 9.7.2007 containing the arbitration agreement were executed by th



























































































































































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