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Union Of India vs Raman Iron Foundry on 12 March, 1974

Shri A.B. Rohtagi, learned senior counsel for the appellant, contends that for entertaining and application under Section 41(b) read with the Second Schedule, it is not a condition that the arbitration proceedings should be pending through the intervention of the Court. Independently thereof, when arbitration proceedings were pending between the parties in respect of the claim or counter-claim and when the respondent sough to adjust the same with the amounts due from other contracts, the Court would, in the circumstances, intervene and restrain the respondents from adjusting the same as a counter-claim. Otherwise, the arbitration proceeding would be nullified. He placed strong reliance on the judgment of a two Judge Bench of this Court in Union of India v. Raman Iron Foundry [(1974) 3 SCR 556]. The question is no longer res integra.
Supreme Court of India Cites 10 - Cited by 380 - P N Bhagwati - Full Document
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