Supreme Court of India
The Empire Jute Co. Ltd. & Ors. v. The Jute Corporation of India Ltd. and Anr.
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.
What the Court ordered
We are of the opinion that all disputes between the parties should be directed to be resolved upon taking recourse to the arbitration agreement contained in clause 9.0 of the Sale Order.
Judgment, page 15
From the headnote
Arbitration and Conciliation Act, 1996: c s. 5-Arbitration agreement-Extent of judicial review- Contract for supply of raw jute-Dispute between parties regarding liability to pay carrying cost and quantum thereof-High Court though held that there existed arbitration clause, however, determined the question of liability to pay carrying charges, and referred the quantum to be decided in arbitration-HELD: Power ofjudicial review vested in the superior courts undoubtedly has wide amplitude but same should not be exercised when there exists an arbitration clause-Division ,,.\-, ~ Bench of High
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