Supreme Court of India

The Branch Manager, M/s. Magma Leasing and Finance Limited and Anr. v. Potluri Madhavilata and Anr.

Neutral citation
Reported as [2009] 14 S.C.R. 815
Bench Tarun Chatterjee and R.M. Lodha JJ.
Decided 18 September 2009

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.

7 Supreme Court benches have cited this judgment.

From the headnote

Arbitration and Conciliation Act, 1996 - s. 8 - Hire purchase agreement entered into by respondent-hirer with c appellant-finance company in respect of motor vehicle - Agreement containing atbitration clause - Default in payment of installments by respondent - Termination of agreement by appellant - Vehicle seized from respondent - Respondent "t filed suit for recovery of possession of the vehicle - Appellant filed application u/s.8 of the Act read with s.151 CPC for referring the dispute raised in the suit, to an arbitrator - Application dismissed - Propriety of - Held: Not proper - Merely

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