Supreme Court of India

Cheran Properties Limited v. Kasturi and Sons Limited and Ors.

Neutral citation
Reported as [2018] 4 S.C.R. 1063
Bench Dipak Misra, A. M. Khanwilkar and Dr. D. Y. Chandrachud JJ.
Decided 24 April 2018

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.

6 Supreme Court benches have cited this judgment.

What the Court ordered

For the above reasons, we are of the view that the appeal s are lacking in merit.

Judgment, page 35

From the headnote

Arbitration and Conciliation Act, 1996: ss. 35, 36, 7 – Finality of awards – Enforcement – Arbitration agreement – Binding on third parties who may not be signatories to an agreement be tween two contracting parties – Held: Section 35 postulates tha t an arbitral award “shall be final and binding on the parties an d persons claiming under them respectively – Expression “perso ns claiming under them” is a legislative recognition of the doctrine that besides the parties, an arbitral award binds every person who se capacity or position is derived from and is the same as a pa rty to the

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