M/S GOODYEAR INDIA LIMITED vs NORTON INTECH RUBBERS(P) LTD. — SLP(C) No. 16919 - 16920/2011

Case Summary: Goodyear India Limited v. Norton Intech Rubbers (P) Ltd. The Supreme Court dismissed Goodyear's special leave petitions challenging the Madras High Court's decision that Section 19 of the Micro, Small and Medium Enterprises Development Act, 2006 mandates 75% pre-deposit of arbitration awards before filing set-aside applications, with no judicial discretion to waive or reduce it. The Court clarified that "in the manner directed by court" permits installment payments only, not discretionary reduction. Goodyear was granted an additional 12 weeks to make the deposit; Norton's cross-petitions were disposed with liberty to raise objections during appeal hearing. This case analysis is maintained by casestatus.in based on publicly available court records.