2000 (1) TMI 863 - SCH - Companies Law

Having heard the learned senior counsel for the parties, no interference under article 136 of the Constitution with the impugned order which admittedly is appealable before a Division Bench of the High Court under section 37 of the Arbitration and Conciliation Act, 1996 required. As the respondent does not dispute about the maintainability of the appeal against the impugned order. Therefore, dispose of this special leave petition without expressing any opinion on merits. Ad interim order dated 15-10-1999 passed by us staying further proceedings will continue for six weeks from today.

Summary

The Supreme Court of India did not interfere with the impugned order as it was appealable before a Division Bench of the High Court under the Arbitration and Conciliation Act, 1996. The petition was disposed of without going into the merits, and an interim order staying further proceedings was continued for six weeks.