3. The appellant-Mysore Cements Limited contracted by its letters dated April 22, 1994 and July 30, 1994 with the respondent-Svedala Barmac Limited, a company based in New Zealand, for the supply and commissioning of two sets of Barmac 9600 DUOPACTOR rock-crushing machines for its cement plant at Damoh vide two separate letters dated …
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Shri F.S. Nariman learned Senior Counsel on behalf of the respondent submitted that the impugned order is well-justified and the view taken by the High Court is a right view. He contended that the thrust of the submissions in short and substance amount to asking for the enforcement of the Letter of Comfort in execution proceedings which is not …
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Mysore Cements Ltd vs Svedala Barmac Ltd on 12 March, 2003. The question that arises for consideration in this appeal is whether a Letter of Comfort furnished on the same day of a Settlement arrived at during conciliation signed by both the parties and authenticated by the Conciliators is enforceable in the same manner as an arbitration award ...
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In 1995, Svedala acquired Barmac Associates, including the patents and the Barmac name. In 2000, , a Finnish multi-national conglomerate, duly swallowed Svedala to form a new global leader in the mineral processing industry.
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As the judgement of Mysore Cements Ltd. v. Svedala Barmac Ltd. (in appeal) by Supreme Court of India is the cornerstone to the very tryst between the pragmatism of going Indian Legislature and the morality of the Arbitration and Conciliation Act, …
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Mysore Cements contracted with Svedala Barmac for rock-crushing machines that failed to perform as assured. The parties underwent conciliation that resulted in a Memorandum of Conciliation and Letter of Comfort regarding compensation if work was not completed on time. Mysore Cements sought to enforce these in court. The Supreme Court ruled the ...
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Svedala's purchase of Barmac Associates in 1994 completed the consolidation process. As Tidco, and later as Svedala Barmac, the company has been exporting for 20 years and accounts for 10% of New Zealand's heavy machinery exports. This is the story of a remarkable New Zealand product, and the remarkable organisation that grew up to …
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