Supreme Court of India
M/s. Zhejiang Bonly Elevator Guide Rail Manufacture Co. Ltd. v. M/s. Jade Elevator Components
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.
From the headnote
Arbitration and Conciliation Act, 1996: s. 11(5) – Arbitration petition under – Seeking constitution of an arbitral tribunal w ith a sole arbitrator to adjudicate the claims of petitio ner under the Commission Processing Contract – Dispute resolution clause between the parties that the disputes to be settled through consultation and in case the consultation fails, then by a rbitration or court – Held: Intention of the parties apparent from the dispute resolution clause, is that efforts have to be made to set tle the disputes in an amicable manner and, therefore, two options are available,
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