
Legal1 Oct 2026, 03:37 pm
Allied Blenders Arbitration Proceedings Terminated by Arbitrator
AI Summary
Allied Blenders and Distillers Ltd announced the termination of arbitration proceedings against Canteen Stores Department (CSD). The Sole Arbitrator, appointed by the Bombay High Court, ruled on September 26, 2026, that no valid arbitration agreement exists between the parties, thus lacking jurisdiction. The company received the written order on September 30, 2026. The ruling pertains to disputes arising from debit notes and recoveries related to supplies of Officer's Choice Prestige Whisky. The order is limited to jurisdiction and does not address the merits of the company's claims. Allied Blenders intends to pursue appropriate legal remedies to protect its interests and recover the disputed claim.
Key Highlights
- Arbitral Tribunal lacks jurisdiction due to no valid arbitration agreement.
- Arbitration proceedings against CSD have been terminated.
- Company to pursue legal remedies for disputed claims.
- Order does not adjudicate the merits of the company's claims.
Price Impact
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