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Supreme court refers MSME dispute to arbitration through Delhi international arbitration centre, leaves question of independent recourse under A&C act open
Supreme Court directs MSME dispute to Delhi International Arbitration Centre, leaving the question of independent recourse under the Arbitration and Conciliation Act unresolved. Patel Infrastructure Ltd. v. Aditya Construction | Civil Appeal No. 10057 of 2026 | Supreme Court of India | Justice Sanjay Kumar and Justice Sanjeev Sachdeva | Decided on August 5, 2026 Background The Supreme Court was called upon to consider whether a buyer of goods or services from a micro or small
Delhi high court upholds Rs. 662 crore arbitral award in favour of Toyo engineering-L&T consortium, dismisses IOCL's section 34 challenge
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
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