M/S Stci Finance Limited vs M/S Sukhmani Technologies Pvt. … on 15 November, 2016

1. STCI Finance Limited (hereafter „STCI‟) has filed the present appeal
under Section 37 of the Arbitration and Conciliation Act, 1996 (hereafter
„the Act‟) for setting aside the order dated 27.04.2016 (hereafter „the
impugned order‟)passed by the Sole Arbitrator, Justice R. C. Chopra
(Retd.) under Section 16 of the Act. By the impugned order, the Arbitrator
disposed of five applications filed by the respondents under Section 16 of
the Act; he allowed the applications filed by respondent nos. 2 to 5 but
rejected the one filed by respondent no.1, Sukhmani Technologies Private
Limited (hereafter „STPL‟)

2. The principal controversy involved in this petition is whether

ARB. A. (COMM.) 25/2016 Page 1 of 17
respondent nos 2 to 5 are bound by the arbitration clause in the “Facility
Agreement” executed between STPL (through respondent no. 2) and STCI.

Source: Indian Kanoon

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