Sportz Village Foundation v. Siva Sivani Educational Institution Society
Case brief
What is this about?
The High Court of Karnataka dismissed a Civil Miscellaneous Petition filed under Section 11(5) of the Arbitration and Conciliation Act, 1996 for constituting an arbitral tribunal, as it was withdrawn by the petitioner who filed a memo proposing settlement. Liberty was reserved for future action.
What did the court decide?
Civil Miscellaneous Petition dismissed as withdrawn with liberty reserved for future filing if settlement fails.