SupremeToday Landscape Ad
Back
Next
Judicial Analysis Court Copy Headnote Facts Arguments Court observation
Listen Audio Icon Pause Audio Icon
judgment-img

2015 Supreme(Del) 811

V.KAMESWAR RAO
Sukumar Chand Jain – Appellant
Versus
Delhi State Industrial & Infrastructure Development Corporation Limited – Respondent


Advocate Appeared:
For the Petitioner:Sandeep Sharma, Risha Mittal, Advocates.
For the Respondent:Amiet Andlay, Advocate.

Judgment

V. KAMESWAR RAO, J.

I.A No. 949/2015

Exemption allowed subject to all just exceptions.

Application stands disposed of.

I.A No. 950/2015

This is an application seeking condonation of one day delay in filing the petition.

For the reasons stated in the application, and the learned counsel for the respondent has no objection, the delay in filing the petition is condoned.

Application stands disposed of.

O.M.P. 81/2015

1. The challenge in this petition is to the award dated September 16, 2014 to the extent that the learned Arbitrator has rejected claim Nos. 1,3,5,6 and 7 of the petitioner. The petitioner had raised the following claims before the learned Arbitrator;

(i) Claim No. 1 for Rs 10, 55,00,971/- on account of 1st RA Bill;

(ii) Claim No. 2 for Rs. 55,55,000/- on account of refund of original performance Bank Guarantee;

(iii) Claim No. 3 for Rs. 2, 78,300/- expenses for obtaining the bank guarantee;

(iv) Claim No. 4 for Rs. 15,54,000/- on account of refund of amount of EMD;

(v) Claim No. 5 for Rs. 1,64,40,221.24/- payable towards loss of profit;

(vi) Claim No 6 for interest @ 15 % P.A. on the aforesaid amounts from due dates till the date of payment;

(vii) Claim No. 7 for Rs. 10,00,000/-

























Click Here to Read the rest of this document

1
2
3
4
5
6
7
8
9
10
11
SupremeToday Portrait Ad
supreme today icon
logo-black

An indispensable Tool for Legal Professionals, Endorsed by Various High Court and Judicial Officers

Please visit our Training & Support
Center or Contact Us for assistance

qr

Scan Me!

India’s Legal research and Law Firm App, Download now!

For Daily Legal Updates, Join us on :

whatsapp-icon telegram-icon
whatsapp-icon Back to top