Shree Krishna Vanaspati Industries (P) ... vs Virgoz Oils & Fats Pte Ltd & Ors on 27 November, 2024
4. It is the petitioner's contention that the judgements of the Supreme
Court in Bhatia International v. Bulk Trading S.A. and Another (supra)
and Venture Global Engineering v. Satyam Computer Services Ltd. and
Another (2008) 4 SCC 190, have only been prospectively overruled by the
Supreme Court in Bharat Aluminium v. Kaiser Aluminium Technical
Services Ltd. (supra) and therefore maintainability of the present petition,
where the impugned award pre-dates the judgement in Bharat Aluminium v.
Kaiser Aluminium Technical Services Ltd. (supra), would not be impacted.
In this regard, reliance has been placed on paragraph 195-197 of the said
judgement which reads as under:-