B.P. Comtrade Pvt. Ltd. v. Gautam Mukherjee
Case brief
What is this about?
The High Court set aside a prior impugned arbitral award on consent orders. The parties agreed to have the dispute adjudicated by a tribunal appointed by the Multi Commodity Exchange of India Limited, relying on existing pleadings and allowing fresh filings if necessary.
What did the court decide?
Impugned award set aside; disputes to be adjudicated by tribunal appointed by Multi Commodity Exchange of India Limited; parties to rely on existing record.