Court Dismisses Petition Seeking Termination Of Arbitration Proceedings With Costs Of 25,000/- Citing Delay By Petitioner Itself: Karnataka High Court
In a recent ruling by the Karnataka High Court, a dispute between Buoyant Technology Constellations Pvt. Ltd. and Manyata Infrastructure Developments Pvt. Ltd. has been settled. The dispute centered around the timeline for arbitration proceedings, governed by the Arbitration and Conciliation Act, 1996. The Case Details: Buoyant Technology Constellations Pvt. Ltd., represented by Mr. Girish Gupta, filed a writ petition (No.8654 of 2024) under Article 226 and 227 of the…