Supreme Court of India
Kinetic Green Energy and Power Solutions Limited v. Saera Electric Auto Limited
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 the constitution of an Arbitral Tribunal to adjudicate the disputes between the parties would be the appropriate course of action at this stage.
Judgment, page 5
In brief
The parties executed three agreements on 26th August 2025 — a Manufacturing Agreement, a Supply and Distribution Agreement and an Intellectual Property Agreement — under which the respondent was to exclusively manufacture vehicles for the appellant to agreed specifications for a 20-year term, subject to exclusivity and non-compete obligations. A dispute arose over the respondent's manufacture and sale of Mayuri brand vehicles, including Mayuri Rattan L5, and of further models it proposed to launch; the appellant said these fell within the contractual exclusivity, while the respondent said they were a pre-existing business, that the defined term 'Vehicles' was narrower, and that the arrangement had never commenced as no purchase order or substantial consideration had passed.…
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