SupremeToday Landscape Ad
Back
Next
Judicial Analysis Court Copy Headnote Facts Arguments Court observation
Listen Audio Icon Pause Audio Icon
judgment-img

2015 Supreme(Mad) 2699

SANJAY KISHAN KAUL
Karismaa MEP Services Pvt. Ltd. – Appellant
Versus
KGS Milestone Constructions Ltd. – Respondent


Advocates:
Advocate Appeared:
For Petitioner: Mr. Nithyaesh Nataraj for M/s. Nithyaesh and Vaibhav.
For Respondent: Mr. K. Prahalad Bhat for Mr. Sathish Parasaran.

ORDER

These are three petitions under Section 11 of the Arbitration and Conciliation Act, 1996, (hereinafter referred to “the said Act”). Contractual arrangments were entered into inter se the parties whereby the petitioner was required to carry out electrical works in the respondents' development projects “KGS-VRUDHI” and “KGS-GREEN”, at Chennai and Trivandrum, for which contracts were executed on 23.05.2011, 01.06.2011 and 31.05.2011. It is the case of the petitioner that progress of the work was slow, which was eating up the profits and since the position did not improve, a decision was taken by the petitioner to relieve itself from the projects in the month of January, 2012 and January 2013 respectively. The final running bills are said to have been executed on 25.02.2012, 30.01.2012 and 25.01.2012 for Rs.64,89,825.63, Rs.12,23,742.00 and 7,67,067.00 respectively and the respondents have not paid the amounts due. The amounts were not paid and thus the petitioner opted to invoke clause-10 of the contract which provide for arbitration and which reads as under:

“Clause 10: Any claim or dispute relating to interpretation or execution of this contract that cannot be settled amicably a
























































Click Here to Read the rest of this document

1
2
3
4
5
6
7
8
9
10
11
SupremeToday Portrait Ad
supreme today icon
logo-black

An indispensable Tool for Legal Professionals, Endorsed by Various High Court and Judicial Officers

Please visit our Training & Support
Center or Contact Us for assistance

qr

Scan Me!

India’s Legal research and Law Firm App, Download now!

For Daily Legal Updates, Join us on :

whatsapp-icon telegram-icon
whatsapp-icon Back to top