M/S H R Steels Pvt. Ltd. v. Bank of Baroda
Case brief
What is this about?
The Division Bench dismissed the writ petition in limine. The court held that the insurance dispute clauses related to a specific arbitral mechanism for insurance claims and did not create an arbitration obligation for the bank's claim against the petitioner regarding the insurance proceeds.
What did the court decide?
The Writ Petition was dismissed in limine; Caveat discharged; CM Nos. 8341-42/2016 allowed subject to exceptions; CM No. 8340/2016 dismissed as infructuous.