Prudeta
2026 INSC 590
๐ Paras 3-6
The Appellant, Madhya Pradesh Road Development Corporation Ltd. (MPRDC), a state undertaking, invited bids for a road project on a Build Operate and Transfer (BOT) basis. The successful bidder incorporated a Special Purpose Vehicle, M/s Jabalpur Corridor Pvt. Ltd. (JCPL), the Respondent, to implement the project. A Concession Agreement was executed between MPRDC, the original bidder, and JCPL. Subsequently, MPRDC terminated the agreement, leading JCPL to initiate arbitration proceedings under the Arbitration and Conciliation Act, 1996 (the '1996 Act').
๐ Paras 2, 4, 6
The core issues were whether the Arbitral Tribunal had jurisdiction to entertain the dispute, given the Appellant's contention that a specific state law ('A
The bench further analyzed the constitutional validity of the impugned provisions and discussed the interpretation of Articles 14 and 21 in light of recent precedents...
Citing the ratio in prior decisions, the court held that the legislative intent was to ensure...
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