Geoenpro Petroleum Ltd vs Geophysical Institute of Israel

Judicial Analysis Court Copy Headnote Facts Arguments Court observation

2020 Supreme(Del) 588

JYOTI SINGH
Geoenpro Petroleum Ltd – Appellant
Versus
Geophysical Institute of Israel – Respondent

Advocates Appeared:
Rajshekhar Rao, Advocate, Aashish Gupta, Advocate, Dushyant Manocha, Advocate, Sharad Kharra, Advocate, Chaitanya Puri, Advocate, Sadhika Gulati, Advocate, Abhimanyu Mahajan, Advocate, Arjun Mahajan, Advocate, Anubha Goel, Advocate, Suneha Jain, Advocate, Pulkit Thareja, Advocate

Table of Content
1. government's contract with petitioner for seismic data. (Para 1 , 2 , 3)
2. details of the contractual obligations and failures. (Para 4 , 5 , 6 , 7 , 8 , 9 , 10)
3. claims filed by the respondent in arbitration. (Para 11 , 12 , 13 , 14 , 15)
4. court's observations on claims and evidence. (Para 16 , 17 , 18 , 19 , 20)
5. arguments presented by counsel for petitioner. (Para 21 , 22 , 23 , 24 , 25)
6. observations on contract terms and arbitration. (Para 26 , 27 , 28 , 29 , 30)
7. analysis of arbitral tribunal's decision. (Para 31 , 32 , 33 , 34 , 35)
8. final conclusions on the arbitration outcome. (Para 36 , 37 , 38 , 39 , 40)

JUDGMENT

Jyoti Singh, J. - Present petition has been filed under Section 34 of the Arbitration and Conciliation Act, 1996 (hereinafter referred to as an "Act") seeking setting aside of majority Award dated 30.07.2012 passed by the Arbitral Tribunal whereby the Tribunal has partially allowed the Claim of the Respondent herein and rejected the Counter Claim of the Petitioner.

2. The brief background facts are that the Government of India desired that

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2020 Supreme(Del) 588

JYOTI SINGHGeoenpro Petroleum Ltd – AppellantVersusGeophysical Institute of Israel – Respondent

Cases Referred (4)

JYOTI SINGH
Geoenpro Petroleum Ltd – Appellant
Versus
Geophysical Institute of Israel – Respondent