Lucknow, May 13 -- The Allahabad High Court has ruled that a writ petition challenging an ex-parte award passed by the Micro, Small and Medium Enterprises (MSME) Facilitation Council under Section 18 of the Micro, Small and Medium Enterprises Development Act (MSMED), 2006.
Court Upholds Arbitration Remedy Route
The High Court said that the award is not maintainable when an alternative statutory remedy is available under Section 34 of the Arbitration and Conciliation Act, 1996.
A Division Bench comprising Justices Saral Srivastava and Garima Prashad dismissed a petition filed by Shri Krishna Nutrition India Pvt. Ltd. against an ex-parte award issued by the MSME Facilitation Council, which had directed the company to pay Rs 24 lakh.
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