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Supreme Court Leaves Open Buyer’s Right to Invoke Arbitration Against MSME Outside MSMED Act
['Author Info', 'Name', 'Qualification', 'Company', 'Location', 'Articles Published', 'View Full Profile', 'More Ca Vijayakumar Shetty', 'August']
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AdvertisementPatel Infrastructure Limited Vs Aditya Construction (Supreme Court of India) Supreme Court Leaves Open Whether a Buyer Can Invoke Arbitration Against an MSME Outside the MSMED Act Framework The Supreme Court disposed of the appeal by recording the parties’ consent to resolve their disputes through arbitration under the Arbitration and Conciliation Act, 1996, while leaving open the important legal question of whether a buyer of goods or services from an MSME can independently invoke arbitration under the Arbitration Act instead of proceeding under the MSMED Act, 2006.
The appellant sought...