JUDGMENT

[Hearing held through video conferencing]

Vibhu Bakhru, J. (Oral)--The petitioner has filed the present petition under Section 9 of the Arbitration and Conciliation Act, 1996 (hereafter `the A&C Act'), inter alia, praying as under:

"i) grant an interim injunction restraining the Respondents from taking any coercive measures based on the Final Rejection Memo bearing No. Mech/M&P/2300/11 dated 26.08.2021 issued by Respondent No.2;

ii) pass an ex-parte ad interim order in terms of prayer (I) above;

iii) award costs of this Petition to the Petitioner;"

2. Respondent no.1 (hereafter `COFMOW') had invited a Global Bid Invitation Notice to tender for the supply of `Cut to Length Line machine on turnkey basis' (hereafter `the CTL Machine'). The said Notice Inviting Tender was published on 30.04.2010. On 01.07.2010, the petitioner (a French company) submitted its bids through its Indian agent. The bids were opened on 02.07.2010 and the petitioner was found to be the Lowest Bidder (L-1). It is stated that between September, 2010 to August, 2011, COFMOW sought certain clarifications and the same were provided. Thereafter, on 02.09.2011, COFMOW issued a Letter of Acceptance. There