Supreme Court of India

Dresser Rand S.A. v. M/s. Bindal Agro Chem Ltd. and Anr.

Neutral citation
Reported as [2006] 1 S.C.R. 308
Bench Arun Kumar and R.Y. Ra Veendran JJ.
Decided 12 January 2006

INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.

5 Supreme Court benches have cited this judgment.

What the Court ordered

We hold that the letters of intent, even if assumed to result in any binding contract, did not provide for arbitration.

Judgment, page 32

From the headnote

Arbitralion--Arbitralion agreement-Existence of--Purchaser-lndian Company offering invitation to bid to Foreign Company for •upply of equipment--General Conditions of Purchase containing arbitration clause modified by supplier-Foreign Company and agreed to by Indian Company and Foreign Company-Subsequent issue of leiter of intent by Indian Company lo Foreign Company-letter of intent contemplating issuance of regular and de/ailed purchase order--However, purchase order not issued--Dispule between parties·-Arbitration agreement, if brought inlo existence--Held: Invitation to bid and also

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