Morepen Laboratories Ltd Vs. Phafag Ag and ors

Decided On : Feb-28-2013

Court : Delhi

LAW: Section 37(1, Section 34, Article 1.9 of the TKHL, Article 1.12 as follows:1., Article 2 of the TKHL, Article 2 Scope of the Agreement 2.1, Article 6, Article 6.1, Article 6.3, Article 11.2, Article 6.3, Article 6.3, Article 6.3, Article 11.4, Article 6.3, Article 6.3, Article 19, Section 34, Section 34(2)(a)(iii, Section 73, the Contract Act, Article 6.3, Article 6.3, the Respondents 1, Section 73, the Indian Contract Act, Section 73, the Indian Contract Act, Section 34(2)(b)(iii, Section 34, Article 6.3, Article 11.4, Article 1.3, Article 1.12, Article 2, Article 6.3, Article 6.3, Article 6.3, Article 6.3, Article 6.3, Article 6.3, Article 1.3 of the TKHL, Article 6.3, Section 34

ORG: DECIDED, AG, MISRA MR, the Arbitration and Conciliation Act, Court, Phafag, MSA, Phafag, Morepen, inter alia, Manufacture, FAO, Phafag, the Net Sales Price, the Commencement of Commercial Production, Phafag, Phafag, Swiss Francs Currency, CHF, the Reserve Bank of India, Phafag/Geyer, FAO, CHF, the Effective Date, Agreement, Phafag, the Reserve Bank of India, RBI, Morepen, Morepen, Phafag, Phafag, Morepen, Morepen, Phafag, Morepen, Phafag, FAO, Phafag, the International Chamber of Commerce, Phafag, Morepen, Phafag, Issue No.5, Phafag, FAO, Agreement, Phafag, Geyer, Morepen, Agreement, Agreement, Phafag, Morepen, Phafag, FAO, Phafag, Phafag, Morepen, Phafag, Agreement, Morepen, Agreement, Geyer, Morepen, Phafag, Morepen, FAO, Morepen, Phafag, Respondents 1, Arbitrator, Arbitrator, Arbitrator under Issue, the Respondents 1, Arbitrator, Respondents 1, the TKHL Agreement, Respondents, Arbitrator, the Respondent Nos.1, Arbitrator as Issue, Court, Arbitrator, Morepen, FAO, Phafag, Drug Controller, Morepen, Phafag, Phafag, Drug Controllers, Morepen, Arbitral, FAO, the Net Sales Price, Morepen, Agreement, The Arbitral Tribunal, Phafag, Phafag, Drug Controllers, Phafag, FAO, Court, Arbitral, Court, Court, Court

PERCENT: 02.2013 + FAO(OS, 5%, 6%, 18%, 6%, 5%

PERSON: Arvind Nigam, Manish Gandhi, P.K. Singh, Dhruv Mehta, Karan Luthra, Noomi Chandra, Sameer Abhyankar, JUSTICE S. RAVINDRA BHAT HON'BLE, S.RAVINDRA BHAT, 7/2013 Page 2 material.4, 7/2013 Page, 7/2013 Page 4, Anjali Sharma, Kapur, Geyer, Geyer, 7/2013 Page, Geyer, Geyer, Geyer, Geyer, Geyer, 7/2013 Page 7, Kapur, Award, Award, Award, Kapur, Award, Award, 7/2013 Page 8, Award, 7/2013 Page, 7/2013 Page, Award, Articles 11.2, 7/2013 Page, S. RAVINDRA BHAT, 7/2013 Page

CARDINAL: 1, 29.08.2012, two, 01.07.2002, 12, 2.2, 6.2, 6.3, 3, 3.2 million, three million, seven, 01.07.2002, two, 1000, two, 01.07.2002, 12, 24.03.2005, 79, 31.03.2003, termination.94, 6, 30, 1/7, 6, 97, 2, 2.30, one, 91, 2, 116, 8), 2, 2, 91, 2, 96, 116, 96, 2, 10, 2, 10, two, two, 6.3, term.13, 12

DATE: 1996, a period of 7 years, quarterly, forty five, 45) days, the preceding quarter, the day, 45 days, the end of the period, quarterly, the middle of each quarter, 7) years, 31.03.2003, 30.09.2003, 03.09.2002, September-October 2002, November 2002, 19.09.2003, 25.11.2003, 24-09-2004, 15.05.2003, 15.08.2003, 19.09.2003, September 2003, November 2002, February, May and, August 2003, quarterly, more than 7 years, 1872, September 2003, 1872, Para 96, November 2002, February, May and, August 2003, seven years, Morepen.14, FEBRUARY 28 2013

ORDINAL: first, second, first, Secondly, first, 30th, first, first

GPE: Packaging, India, India, ICC).6, India, India, India, US, of.12

MONEY: five per cent, US$ 2 million, US$ 2.5 million, 285,714/-, 214,285/-, 71,428/-, 285,714, 2million, US$ 2 million, 285,714, USD 2 million, USD 285,714, USD 2 million, 285,714/-.11, five per cent

NORP: Indian, Indian, Indian, Indian

WORK_OF_ART: Caroverine to Morepen

EVENT: the 2001 Agreement, the TKHL Agreement

PRODUCT: Morepen, Para 96

LOC: Arbitrator, Single, Awards

FAC: TKHL