B.S. Enterprises v. Sriram City Union Finance Ltd.
Case brief
What is this about?
The Telangana High Court dismissed two writ petitions and stay petitions challenging an order under Section 34 of the Arbitration and Conciliation Act, 1996, setting aside actions against an arbitral award and a stay order. The Court held that since Section 37 of the Act provided an alternative remedy of appeal, the writ petitions were dismissed.
What did the court decide?
The writ petitions were dismissed with liberty to appeal, and miscellaneous applications were closed. There shall be no order as to costs.