The bench headed by Justice Prateek Jalan was hearing the present matter.
FACTS OF THE CASE:
The Petitioner i.e., M/s Dhawan Box Sheet Containers Pvt Ltd, a manufacturer and supplier of corrugated boxes and packaging materials, argued that despite supplying goods under invoice terms, the Respondent i.e., M/s SEL Manufacturing Co Ltd has defaulted on full payment.
However, in response to a legal notice, demanding payment of Rs. 1,25,80,425/- and invoked arbitration. Thereafter, the Petitioner nominated an arbitrator for resolution.
On the other hand, the Respondent disputed the existence of a valid arbitration agreement.
The Petitioner approached the Delhi High Court for appointment of arbitrator.
Bu hikaye The Business Guardian dergisinin July 15, 2024 sayısından alınmıştır.
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Bu hikaye The Business Guardian dergisinin July 15, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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