Supreme Court Rules Non-Signatories Are Bound by Arbitration Clauses in Identical Share Purchase Agreements. KKH Finvest Pvt. Ltd. and Anr. v. Ashiesh Shukla and Ors. | Civil Appeal No. 10056 of 2026 | Supreme Court of India | Justice Sanjay Kumar and Justice Sanjeev Sachdeva | Decided on August 5, 2026 Background The Supreme Court examined whether a non-signatory to a Memorandum of Settlement (MoS) could be treated as a veritable party to the arbitration agreement contained

Delhi High Court affirms Rs. 662 crore arbitral award favoring Toyo Engineering-L&T consortium, dismissing IOCL's Section 34 challenge in a landmark decision. Case Title: Indian Oil Corporation Ltd. v. Toyo Engineering Corporation and Anr. Coram: Justice Amit Bansal The Delhi High Court has dismissed a petition filed by Indian Oil Corporation Ltd. under Section 34 of the Arbitration and Conciliation Act, 1996 challenging an arbitral award dated 11th March, 2019, whereby a con

Calcutta High Court Upholds Arbitral Award, Confirms Appellant's Breach in Supply Contract Dispute. Case Title: Neo Metaliks Ltd. v. Orrisa Metaliks Pvt. Ltd. Coram: Justice Debangsu Basak and Justice Md. Shabbar Rashidi The Calcutta High Court has dismissed an appeal filed under Section 37 of the Arbitration and Conciliation Act, 1996, against a judgment of the Single Judge refusing to interfere with an arbitral award under Section 34 of the Act. The Division Bench of Justic

Exploring the Supreme Court's Strict Deadline for Challenging Arbitral Awards: "One Day Late, One Case Lost" - A Critical Analysis by adrEdge. Time limits in arbitration law are not mere procedural formalities. The legislature has drawn them tightly, and the Supreme Court of India has consistently refused to permit litigants to stretch them through creative use of the general law of limitation. The decision in State of West Bengal v. Rajpath Contractors and Engineers Ltd., d