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    <title>2007 (9) TMI 693 - Supreme Court</title>
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    <description>The Supreme Court upheld the lower courts&#039; decisions regarding the force majeure clause and the non-speaking arbitration award. The force majeure argument was deemed meritless as the government ban did not restrict the manufacturing of rapeseed oil itself, only its use for Vanaspati. The court reiterated limited interference in non-speaking awards, emphasizing support for arbitration decisions within legal boundaries. Upholding the arbitration award, the court highlighted the importance of respecting parties&#039; agreements and upholding arbitration outcomes, dismissing the appeal and ordering each party to bear their own costs.</description>
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    <pubDate>Fri, 14 Sep 2007 00:00:00 +0530</pubDate>
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      <title>2007 (9) TMI 693 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=197762</link>
      <description>The Supreme Court upheld the lower courts&#039; decisions regarding the force majeure clause and the non-speaking arbitration award. The force majeure argument was deemed meritless as the government ban did not restrict the manufacturing of rapeseed oil itself, only its use for Vanaspati. The court reiterated limited interference in non-speaking awards, emphasizing support for arbitration decisions within legal boundaries. Upholding the arbitration award, the court highlighted the importance of respecting parties&#039; agreements and upholding arbitration outcomes, dismissing the appeal and ordering each party to bear their own costs.</description>
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      <pubDate>Fri, 14 Sep 2007 00:00:00 +0530</pubDate>
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