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2023 Supreme(Del) 656

CHANDRA DHARI SINGH
Imaging Solutions Private Limited – Appellant
Versus
Hughes Communications India Limited – Respondent


Advocate Appeared:
Mr. Varun Kumar, Advocate, Mr. Arvind K. Nigam, Senior Advocate with Mr. Dharmesh Mishra and Mr. Prateek Luthra, Advocates

JUDGMENT :

CHANDRA DHARI SINGH, J.

FACTUAL MATRIX

1. The present petition has been filed under Section 34 of the Arbitration and Conciliation Act, 1996, to challenge the impugned Awarded dated 4th August 2018, passed by the Learned Sole Arbitrator wherein the Learned Sole Arbitrator Awarded a sum of Rs. 7.5 Crores with interest @12% p.a. in favour of the Respondent.

2. On 3rd June 1997, the petitioner was allotted land in Plot No. 1, Sector 18, Electronic City, Gurgaon, Haryana admeasuring 1000 sq. meters by Haryana Urban Development Authority (HUDA) and the petitioner on 17th March 1999 issued a letter offering the plot on lease to the respondent.

3. Between 20th February 1999 to 6th December 1999 various letters/mails were sent by the petitioner to the respondent for letting out of the plot with entitlement to the respondent to construct a building thereon, with an option to purchase the plot subject to permission of law and on 14th February 2000, power of attorney was granted by the petitioner to the respondent and the Lease Deed was executed between the parties for a period of 20 years.

4. On 8th November 2000, the petitioner informed the respondent that additional 200 sq. meters of

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