Arbitration Act

The Supreme Court on Tue...

Supreme Court bench granted protection in favour of Essar House and Essar steel that no coercive action should be taken against them and further adjourned the proceedings which is pending before Bombay High Court. 

The Supreme Court on Friday upheld the Delhi High Court Single-Judge order on Amazon's petition against the Future-Reliance deal and held that Singapore's Emergency Arbitrator Award, restraining Future Retail from going ahead with its merger deal with Reliance Retail

In a landmark order, the Court set aside a Gujarat High Court order under Articles 226 and 227 and said that its power to interfere with the arbitration process needs to be exercised in exceptional rarity.