M/S Matrix Infosoft Pvt. Ltd. v. M/S Planman Tehnologies (India) Pvt. Ltd.
Case brief
What is this about?
In this appeal under Section 37, the Delhi High Court maintained the learned Single Judge's order dismissing the petition to set aside the arbitration award. The Court upheld the arbitrator's finding that time was of the essence in the MOU, rejecting the appellant's claim that it ceased to be so.
What did the court decide?
No costs. Appeal under Section 37 dismissed; stay application dismissed as infructuous.