Supreme Court Directs Vishnu Prakash R Punglia Ltd Dispute Resolution

Supreme Court sets aside Rajasthan High Court order directing Vishnu Prakash R Punglia Ltd to resolve contract disputes through Standing Committee.
Court follows precedent from GVPR Engineers Limited case, requiring contractual dispute resolution mechanism instead of constitutional jurisdiction.
Standing Committee mandated to hear all issues and deliver reasoned decision within four months.
All observations from lower courts set aside, with committee to decide disputes independently without prejudice.