A.Sridharan v. Steel City Securities Ltd.
Case brief
What is this about?
The High Court at Madras disposed of two arbitration petitions filed under Section 11(4) of the Arbitration and Conciliation Act, 1996. The petitions sought to set aside an arbitral award. The court observed that the parties had entered into a settlement agreement and mutual release deed, leading to the disposal of the original petitions without a substantive ruling on the merits.
What did the court decide?
The original petitions were disposed of due to the settlement between the parties.