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    <title>2015 (7) TMI 373 - Supreme Court</title>
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    <description>The Supreme Court set aside the High Court&#039;s judgment, confirming the majority view of the Arbitral Tribunal that there was no privity of contract between ONGC and the appellant. ONGC was not liable to make payments to the appellant; the responsibility rested with the respondent. The appeals were allowed, directing the respondent to make the necessary payments to the appellant. The absence of a direct contract between ONGC and the appellant precluded any liability on ONGC&#039;s part, emphasizing the arbitration agreement was strictly between the appellant and the respondent.</description>
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      <description>The Supreme Court set aside the High Court&#039;s judgment, confirming the majority view of the Arbitral Tribunal that there was no privity of contract between ONGC and the appellant. ONGC was not liable to make payments to the appellant; the responsibility rested with the respondent. The appeals were allowed, directing the respondent to make the necessary payments to the appellant. The absence of a direct contract between ONGC and the appellant precluded any liability on ONGC&#039;s part, emphasizing the arbitration agreement was strictly between the appellant and the respondent.</description>
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      <pubDate>Thu, 02 Jul 2015 00:00:00 +0530</pubDate>
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