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Former-CJI DY Chandrachud Appointed by Supreme Court as Mediator in 1.7 Lakh MT Iron Ore Dispute

The Supreme Court appointed Former CJI DY Chandrachud as mediator in a 1.7 lakh MT iron ore dispute, directing mediation to resolve the protracted commercial conflict.

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Former-CJI DY Chandrachud Appointed by Supreme Court as Mediator in 1.7 Lakh MT Iron Ore Dispute

NEW DELHI: The Supreme Court of India on Friday directed mediation in a long-running commercial dispute arising out of an agreement for the transportation and sale of 1.7 lakh metric tonnes of iron ore. The Court appointed former Chief Justice of India, Dr. Justice D.Y. Chandrachud, as the mediator to facilitate an amicable settlement between the parties.

The order was passed by a Bench comprising Justice J.B. Pardiwala and Justice K.V. Viswanathan, who observed that the litigation had become “murkier and murkier by the day” and that mediation would be the most appropriate mechanism to resolve the conflict.

Background of the Dispute

The controversy originated from an agreement dated April 3, 2023, relating to the sale and transportation of a massive iron ore stock. Disagreements between the parties soon escalated, leading to multiple rounds of litigation.

Dissatisfied with this ruling, the petitioner escalated the matter to the Supreme Court.

Supreme Court Proceedings

The case saw extensive arguments from both sides, with Senior Advocate Dr. Abhishek Manu Singhvi appearing for the petitioner and Senior Advocate Gopal Subramanium representing the respondent.

After hearing the matter, the Bench underscored that:

Accordingly, the Court proposed mediation before a respected former judge, a suggestion which both Singhvi and Subramanium agreed to.

Directions Issued by the Supreme Court

The Bench formally appointed Justice D.Y. Chandrachud, former Chief Justice of India, as the mediator and issued the following directions:

  1. The mediator’s fees would be fixed in consultation with the parties.
  2. The mediator must furnish a report at the earliest.
  3. The parties were directed to cooperate fully in the mediation process.
  4. The matter would be listed after eight weeks for further directions.

Crucially, until the mediation concludes, the Court ordered that:

Case Title:
Euro Pratik ISPAT (India) Private Limited v. Geomin
Special Leave to Appeal (C) No.26908/2025

Read Order:

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