Saturday, December 13, 2014

Decisions under Section 11 of Arbitration & Conciliation Act, Not Binding Precedent

Supreme Court of IndiaA Division Bench of the Hon'ble Supreme Court has held that decisions passed in section 11 Applications, under the Arbitration and Conciliation Act, 1996, (“the Act”) are not binding precedents. This judgment was delivered in the case of State of West Bengal & Ors. v. Associated Contractors (incorrectly cited as S.Balachandran v.s M/S Ramaniyam Real Estates some places). The entire text of the judgement can be found here.