Log in or register
Share on LinkedInShare on LinkedIn

ARTICLE · 01 APRIL 2026

HSA | Dispute Resolution & Arbitration Monthly Update | March 2026

HSA Advocates
Explore more from HSA Advocates

M/s Lakshmi Ganesh Textiles Ltd ("Respondent No. 2"), initially a public company, changed to a private company on 30.06.2011. It signed a sale agreement on 22.01.1998 with the Cotton Corporation of India Ltd...

IndiaLitigation, Mediation & Arbitration
Amrita Narayan
Amrita Narayan
Faranaaz G. Karbhari
Faranaaz G. Karbhari
Himani Singh Sood
Himani Singh Sood
Aasiya Khan
Aasiya Khan
Raghav Tiwari
Raghav Tiwari
Sharan Shetty
Sharan Shetty
Madhav Sharma
Madhav Sharma
Vineetha Khandelwal
Vineetha Khandelwal
Siddhant Singh
Siddhant Singh
+5 more
Author LinkedIn connections

R Savithri Naidu Vs. M/s The Cotton Corporation of India Ltd and Anr.

Background facts

  • M/s Lakshmi Ganesh Textiles Ltd ("Respondent No. 2"), initially a public company, changed to a private company on 30.06.2011. It signed a sale agreement on 22.01.1998 with the Cotton Corporation of India Ltd, Coimbatore ("CCI"/"Respondent No. 1") to buy cotton bales. A disagreement over the sale price led CCI to start arbitration (AP No. 9 of 1999) to recover Rs. 37,51,380/- along with interest and costs.
  • On 11.06.2001, the arbitrator awarded Rs. 26,00,572.90/- with future interest at 18% per year and costs. Respondent No. 2 challenged this award under Section 34 of the Arbitration and Conciliation Act, 1996 in AOP No. 10 of 2006. This challenge was dismissed on 21.01.2013 and could not be appealed.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

Related Comparative Guides

See more popular content from

Article

Decree Execution Under Order XXI CPC – An In-depth Insight

Order XXI of the Code of Civil Procedure, 1908 provides the comprehensive framework for executing decrees in Indian civil litigation. This article examines the procedural mechanisms for decree execution, including filing execution petitions, methods of property attachment, and the legal processes for recovering money decrees through sale of attached assets.
IndiaLitigation, Mediation & Arbitration
Maheshwari & Co. Advocates & Legal Consultants
Maheshwari & Co. Advocates & Legal Consultants
Article

Section 138 Of The Negotiable Instruments Act: What The Supreme Court’s New Procedural Guidelines Mean For Cheque-Bounce Cases

A cheque is supposed to offer something close to certainty in a commercial transaction. When a cheque is issued, the recipient ordinarily expects that it will be honoured when presented. A dishonoured cheque, therefore, is not merely a failed payment; it can have wider consequences for the credibility and discipline of commercial dealings.
IndiaLitigation, Mediation & Arbitration
Maheshwari & Co. Advocates & Legal Consultants
Maheshwari & Co. Advocates & Legal Consultants
Article

Major Reform In Maharashtra: Sanad Requirement Removed For Land Conversion

The Government of Maharashtra has taken a significant step towards enhancing ease of doing business by rationalising the framework governing agricultural land conversion. As per the recent amendment to the Maharashtra Land Revenue Code, 1966 (MLRC), notified on 31 December 2025, and the Government Resolution dated 10 February 2026, the requirement of obtaining a separate sanad or non-agricultural permission from the Collector has been abolished for permissible non-agricultural uses under the Development Plan or Regional Plan under the Maharashtra Regional and Town Planning Act, 1966 (MRTP).
IndiaReal Estate and Construction
HSA Advocates
HSA Advocates
Article

From Permission To Approval: Decoding The Maharashtra Land Revenue Code Amendment 2026

The Maharashtra Land Revenue Code (Second Amendment) Act, 2026 (L. A. BILL No. XXVIII OF 2026) represents a significant reform in the regulation of government land transactions in Maharashtra. Introduced in the Maharashtra Legislative Assembly on 24th March 2026, it focuses primarily on amending Section 37A of the Maharashtra Land Revenue Code, 1966, a provision that governs the sale, transfer, redevelopment, use of additional Floor Space Index (“FSI”), transfer of Transferable Development Rights (“TDR”), and change in use of government land.
IndiaGovernment, Public Sector
HSA Advocates
HSA Advocates
Article

More Than A Signature: Supreme Court Clarifies When Non-Signatories Can Be Bound By Arbitration

The Supreme Court, in KKH Finvest Pvt. Ltd. & Anr. v. Ashiesh Shukla & Ors., 2026 SCC OnLine SC 1498, has reaffirmed an important principle governing the reference of disputes involving non-signatories to arbitration. The Hon’ble Court held that the absence of a signature on an arbitration agreement is not, by itself, determinative of whether a person can be bound by the arbitration agreement.
IndiaLitigation, Mediation & Arbitration
HSA Advocates
HSA Advocates