New Delhi, March 11 -- The Delhi High Court has dismissed the petition filed by Idemia Syscom India Private Limited seeking the appointment of an arbitrator in its dispute with M/s Conjoinix Total Solutions Private Limited.
The Court ruled that the Micro, Small and Medium Enterprises Development (MSMED) Act, 2006, being a specific legislation, would override the provisions of the Arbitration and Conciliation Act, 1996.
The Court observed that the MSMED Act, having a non-obstante clause, prevails over the Arbitration and Conciliation Act.
The dispute arose from an IT services contract between the parties for a project awarded by the State Transport Department, Orissa. A Service Framework Agreement was executed on February 9, 2022.
Idem...
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