Debangana Ray
Published on June 27, 2022 at 17:08 IST
Plintron Holdings PTE Ltd. and Plintron Mobility Solutions Private Ltd. (Together, Plintron) have successfully secured a favourable award in an arbitration commenced by Surf Telecom under the commercial arbitration rules of the American Arbitration Association.
The sole arbitrator rejected all claims brought by Surf Telecom arising from a Master Services Agreement entered into with Plintron in 2017. The arbitrator found that Surf Telecom had breached the agreement and hence awarded damages to Plintron.
In its claims, Surf Telecom said that Plintron had breached the agreement signed between them by stopping from providing certain services.
Plintron counter argued that the services were stopped for Surf Telecom’s failure to pay for them as well as for improper termination of the Master service agreement.
The arbitrator found that Surf Telecom was in material breach of the Master Services Agreement and ordered it to pay all the outstanding invoices as well as applicable interest and damages.
Plintron is an Innovative SaaS company offering MVNE, MVNA, CPaaS and IOT solutions using its cloud communications platform.