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B.P.COLABAWALLA
Maharashtra State Road Development Corporation Limited – Appellant
Versus
Plus Bksp Toll Ltd – Respondent
| Table of Content |
|---|
| 1. challenges regarding the interim award (Para 1 , 2) |
| 2. parties' arguments on various claims and grounds. (Para 3 , 17 , 18 , 21) |
| 3. factual background of the concession agreement and project. (Para 4 , 5 , 6 , 7 , 8 , 9) |
| 4. court's analysis of procedural issues and evidentiary concerns. (Para 12 , 16 , 26) |
| 5. final findings on arbitration procedure and award validity. (Para 36 , 75 , 93) |
| 6. court's affirmance of findings on force majeure events. (Para 53) |
| 7. legal principles surrounding force majeure events. (Para 60 , 61) |
| 8. proportionality in determining termination payment. (Para 70 , 108 , 113) |
| 9. conclusion of the court regarding the arbitration petition. (Para 117 , 118) |
JUDGMENT
B P Colabawalla, J. - By this petition filed under section 34 of the Arbitration & Conciliation Act, 1996 (for short "the Act"), the petitioner challenges the Interim Award dated 25th April, 2017, passed by the Arbitral Tribunal to the extent it awards and determines:
(i) that the Concession Agreement dated 25th August, 2006 was validly terminated, both on account of Political Force Majeure Eve
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