Landmark Cases

PEC Ltd v Asia Golden Rice Co

In the context of a major commodity dispute, Zaiwalla & Co overturned a GAFTA arbitration decision in the High Court. The Court accepted Zaiwalla & Co’s argument that a contract was not binding on an Indian Government public entity where it was signed by an employee who did not have actual or apparent authority to bind the company, regardless of the other parties’ belief that he did.

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