C. HARI SHANKAR
Efs Facilities Services (India)) Pvt. Ltd. (formerly Known As Daikia India Pvt. Ltd. ) – Appellant
Versus
Indeen Bio Power Limited – Respondent
JUDGMENT
C .Hari Shankar, J. - As noted in the order dated 28th July, 2020, this petition was heard finally, with consent of learned Counsel for the parties. It is, therefore, being disposed of, by the present judgement.
2. M/S EFS Facilities Services (India) Pvt. Ltd. (hereinafter referred to as "EFS") has invoked Section 34 of the Arbitration and Conciliation Act, 1996, to challenge the award dated 20th May, 2020, whereby the learned Arbitral Tribunal has arbitrated on the dispute between EFS and M/s Indeen Bio Power Limited (hereinafter referred to as "Indeen").
3. Efs was earlier known as M/s. Daikia India Pvt. Ltd. (hereinafter referred to as "DIPL"). DIPL, vide Share Purchase Agreement dated 29th March, 2012, sold its entire equity to EFS, which resulted in EFS stepping into the shoes of DIPL.
Facts
4. The controversy between EFS and Indeen revolves, essentially, around five agreements, viz.
(i) a Project Development Agreement (hereinafter referred to as "PDA") dated 2nd
(ii) a Synchronization and Coordination Agreement (hereinafter referred to as "SCA") dated 8 May, 2010
A.T. Brij Paul Singh vs. State of Gujarat
Besides, in Dwarkadas vs. State of M.P.
Centrotrade Minerals & Metal Inc. vs. Hindustan Copper Ltd.
Currimbhoy & Co. Ltd. vs. L.A. Creet & Ors.
Excise and Taxation Officercum-Assessing Authority vs. Gopi Nath & Sons
Gherulal Parakh vs. Mahadeodas Maiya
HRD Corpn. vs. GAIL (India) Ltd.
Joshi Technologies International Inc vs. U.O.I.
Kollipara Sriramulu vs. T. Aswatha Narayana
Kuldeep Singh vs. Commr. of Police
M.P. Power Generation Co. Ltd. vs. ANSALDO Energia SpA
Maharashtra State Electricity Distribution Co. Ltd. vs. Datar Switchgear Ltd.
McDermott International Inc. vs. Burn Standard Co. Ltd
Mohd. Salamatullah vs. Govt. of A.P.
National Highways Authority of India vs. ITD Cementation India Ltd.
P.R. Shah, Shares & Stock Brokers (P) Ltd. vs. B.H.H. Securities (P) Ltd.
Renusagar Power Co. Ltd. vs. General Electric Co.
Shriram EPC Ltd. vs. Rioglass Solar Sa
Ssangyong Engineering and Construction Co. Ltd vs. N.H.A.I.
State of Goa vs. Praveen Enterprises
State of Jharkhand vs. HSS Integrated Sdn
Login now and unlock free premium legal research
Login to SupremeToday AI and access free legal analysis, AI highlights, and smart tools.
Login
now!
India’s Legal research and Law Firm App, Download now!
Copyright © 2023 Vikas Info Solution Pvt Ltd. All Rights Reserved.