Shin Etsu Chemical Co. Ltd. v. Sterlite Technologies Limited
Case brief
What is this about?
Single-judge order of the Bombay High Court Commercial Division disposing of Commercial Arbitration Petition No. 236 of 2024 as withdrawn/infructuous following settlement between Shin Etsu Chemical Co Ltd (petitioner) and Sterlite Technologies Limited (respondent). Counsel: Ansh Desai (i/b Nishith Desai Associates) for petitioner; Sanchit Suri (i/b Singularity Legal) for respondent. Keywords: recognition of foreign award; settlement between parties; disposal as withdrawn; infructuous petition. Of use only as record of settlement and disposal — contains no ruling on award enforcement, no statutory construction and no citation of precedent.
What did the court decide?
Petition withdrawn and disposed of as infructuous, as prayed, in view of the settlement between the parties; no substantive relief awarded. ¶13