LAWS(CAL)-2021-4-47

LAXMI POLYFAB PVT. LTD. Vs. EDEN REALTY VENTURES PVT. LTD.

Decided On April 07, 2021
Laxmi Polyfab Pvt. Ltd. Appellant
V/S
Eden Realty Ventures Pvt. Ltd. Respondents

JUDGEMENT

(1.) Several applications in suits pending before the Commercial Division as well as in suits pending before the Ordinary Original Civil Jurisdiction of this Hon ble Court along with petitions under the Arbitration and Conciliation Act, 1996 pending in the Commercial Division of this Hon ble Court as well as in the Ordinary Original Civil Jurisdiction of this Hon ble Court have been heard analogously as they involved issues relating Section 12A and Section 15 of the Arbitration and Conciliation Act, 1996.

(2.) The Advocates appearing for the respective parties have advanced elaborate submissions in support of their respective contentions. For the sake of convenience, the respective submissions have been summarised in the paragraphs hereinafter.

(3.) The following issues have arisen for consideration :-