New Delhi, Feb. 16 -- The Delhi High Court ruled that challenging arbitration awards under the MSME Act via writ petitions (under Article 226/227) is impermissible without first resorting to the statutory remedy provided in Section 34 of the Arbitration and Conciliation Act (A&C Act).
The bench, led by Acting Chief Justice Manmohan and Justice Manmeet Pritam Singh Arora, stressed that this recourse is subject to the pre-deposit requirement under Section 19 of the MSME Development Act.
The State Trading Corporation of India Ltd. (the Appellant) appealed the dismissal of its writ petition by a Single Bench of the High Court against an award issued by the Delhi Arbitration Centre.
The Single Bench maintained that courts should abstai...