VIBHU BAKHRU
Director General Central – Appellant
Versus
Fibroplast Marine Private Limited – Respondent
| Table of Content |
|---|
| 1. introduction of factual background and contractual obligations (Para 1 , 2 , 3 , 4 , 5 , 6 , 7 , 8 , 9 , 10 , 11 , 12 , 13 , 14 , 15 , 16) |
| 2. tribunal's analysis of claims for losses (Para 19 , 20 , 21 , 22 , 23 , 24) |
| 3. petitioner's arguments against the arbitral award (Para 26 , 27 , 28 , 29 , 30 , 31 , 32) |
| 4. legal principles on delay and public policy (Para 38 , 44) |
| 5. court's view on the arbitral tribunal's delay (Para 39 , 45) |
| 6. conclusion: impugned award set aside (Para 77 , 78 , 79) |
JUDGMENT
Vibhu Bakhru, J. - The petitioner has filed the present petition under Section 34 of the Arbitration and Conciliation Act, 1996 (hereafter the 'A&C Act') impugning an arbitral award dated 31.05.2019 (hereafter the 'impugned award') rendered by an Arbitral Tribunal comprising of a Sole Arbitrator (hereafter the 'Arbitral Tribunal').
2. On 17.07.2008, the petitioner floated a tender bearing no. U.II.708(A)/2008-09-PROC-(NDRF) inviting bids for supply of 288 numbers of Boat Assault Universal Type (hereafter 'BAUT') and 288 numbers of 50 HP Out Board Motor (hereafter 'OBM'
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