Tagged “joint-venture”

Oil Field Instrumentation v. Xcalibur Multiphysics (2026): confidentiality cannot shield an alleged breach of JV exclusivity from scrutiny

The Bombay High Court set aside a Section 17 order that had excused a party from producing the very contract said to breach a joint-venture non-compete, holding that a confidentiality clause inside an allegedly offending agreement cannot immunise that agreement from disclosure. A digest of the facts, the holding on confidentiality versus court-directed disclosure, the Section 17 set-aside and remand, and what it means for arbitration practice.