September 28, 2021

The World Stock Markets Tips & Targets, News, Views & Updates

The World Stock Markets Tips & Targets, News, Views & Updates

SC rejects ArcelorMittal plea on arbitration in cargo handling dispute

Two-judge bench holds that trial court can consider application filed under Section 9 of the Arbitration Act by Essar against ArcelorMittal

Topics
ArcelorMittal | Cargo

BS Reporter  |  Mumbai  Last Updated at September 14, 2021 18:35 IST

The Supreme Court has dismissed a petition filed by Nippon Steel India Ltd and upheld an earlier Surat commercial court order rejecting the L N Mittal-owned company’s request to transfer proceedings over a handling agreement dispute and non-payment with Essar Bulk Terminal to an arbitration tribunal constituted by the Gujarat High Court. The SC bench of Justices Indira Banerjee and J K Maheswari held that the trial court can consider the application filed under Section 9 of the Arbitration Act by Essar against

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First Published: Tue, September 14 2021. 18:35 IST

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