17/01/2024
Supreme Court on 19.05.2023, held that the contract entered on behalf and in the name of the President of India cannot and will not create any immunity against the application of any statutory prescription imposing conditions on parties to an agreement when the government has chosen to enter into a contract.
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Bench: Chief Justice D Y Chandrachud, Justice PS Narishma and Justice J.B. Pardiwala. Citation: 2023 (3) Arb LR 182(SC), Arbitration Petition No. 51 of 2022 Relevant provision: section 11(6) of the Arbitration Act, 1966 In the present case of G***K ASIA PACIFIC LTD. versus UNION OF INDIA, Ministry o...