Ticel Bio Park Limited v. Genome Life Sciences Pvt. Ltd.
Case brief
What is this about?
Keywords: Section 11 Arbitration and Conciliation Act 1996; appointment of arbitrator; lease deed dated 20.08.2018; stamp duty; penalty; Collector; Section 31 Indian Stamp Act 1899; N N Global Mercantile Indo Unique Flame; 2023 SCC Online SC 495; Constitution Bench 2023 SCC Online SC 1666; no necessity to decide proper stamping at Section 11 stage; withdrawal; liberty to file fresh petition; same cause of action; TICEL Bio Park Limited vs Genome Life Sciences Pvt. Ltd.; Madras High Court; commercial division; arbitration original petition dismissed as not pressed.
What did the court decide?
Liberty to the petitioner to file a fresh petition on the same cause of action under Section 11 of the Arbitration and Conciliation Act, seeking appointment of an arbitrator by this Court. ¶22