DELHI HIGH COURT
VIBHU BAKHRU
Indian Highways Management Company Limited – Appellant
Versus
Sowil Limited – Respondent
| Table of Content |
|---|
| 1. contract execution and disputes overview. (Para 1 , 2 , 3 , 4 , 5 , 6 , 7 , 8 , 9 , 10 , 11) |
| 2. arbitral tribunal's award findings. (Para 12 , 13 , 14 , 15 , 16 , 18) |
| 3. parties' arguments on interest claims. (Para 19 , 20 , 21 , 22 , 24 , 25) |
| 4. interpretation of msmed act provisions. (Para 23 , 26 , 27 , 28 , 31 , 32) |
| 5. interaction between msmed act and a&c act. (Para 33 , 34 , 35 , 36 , 44) |
| 6. dismissal of the petition. (Para 45 , 46) |
JUDGMENT
Vibhu Bakhru, J. (Oral)
1. The petitioner (hereafter `IHMCL') 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 11.10.2021 (hereafter `the impugned award') rendered by an Arbitral Tribunal constituted by Justice (Retired) Badar Durrez Ahmed as the Sole Arbitrator (hereafter `the Arbitral Tribunal').
2. The Arbitral Tribunal has rendered the impugned award in the context of disputes that have arisen between the parties in relation to a contract dated 28.10.2014 for "Conducting Traffic Surveys on National Highways in Zone-5 (in the States of Odisha, West Bengal and North Eastern States) using Portable Automatic Traffic Co
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