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2021 Supreme(Del) 1313

VIBHU BAKHRU
Shivalaya Construction Company Pvt. Ltd. – Appellant
Versus
Delhi Development Authority – Respondent


Advocates appeared:
Kiran Suri, Advocate, Suryadeep Singh, Advocate, Radha R. Tarkar, Advocate, Kanika Singh, Advocate

JUDGMENT

Vibhu Bakhru, J. - The petitioner (hereinafter SCCPL) has filed the present petition under Section 34 of the Arbitration and Conciliation Act, 1996 (hereinafter the A&C Act) impugning an arbitral award (hereinafter the impugned award) dated 13.09.2019 passed by the Arbitral Tribunal constituted by Justice (Retired) Shiv Narayan Dhingra, a former Judge of this Court, as the Sole Arbitrator (hereinafter the Arbitral Tribunal).

2. The impugned award was rendered in the context of disputes that have arisen between the parties in relation to an agreement dated 05.05.2014 (hereafter the Agreement).

Factual Matrix

3. Delhi Development Authority (hereinafter DDA) had issued a Notice Inviting Tenders (NIT) for taking up the work of "Construction of peripheral SW drains and culverts in Section G-7 and G-B at Narela Sub City" (hereinafter the Project). SCCPL had participated in the bidding process pursuant to the aforesaid notice, and on 03.04.2014, DDA accepted SCCPLs bid for an amount of Rs. 33,71,38,882/-. Thereafter, on 02.05.2014, DDA issued a Letter of Acceptance (hereinafter the LOA)


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