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DELHI HIGH COURT
VIBHU BAKHRU
Bharat Sanchar Nigam Limited – Appellant
Versus
Teracom Limited – Respondent


Table of Content
1. factual background of the contract and disputes (Para 1 , 2 , 3 , 4 , 5 , 6 , 7 , 8 , 9 , 10)
2. arguments presented by bsnl regarding performance bank guarantee (Para 11 , 13 , 14 , 20 , 21 , 22 , 23 , 24)
3. court's reasoning on the validity of the award (Para 15 , 16 , 17 , 18 , 19)
4. conclusion of the court's ruling (Para 25 , 26)

JUDGMENT

Vibhu Bakhru, J. The petitioner (hereafter `BSNL') 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 28.06.2019 delivered by an Arbitral Tribunal constituted by a Sole Arbitrator (hereafter the `Arbitral Tribunal').

2. On 15.07.2010, BSNL had issued a Notice Inviting Tenders (NIT), being no. MM/NWP-CDMA/072010/000393, for purchase of 9,80,000 units of Integrated Fixed Wireless Terminal Devices (IFWT), CDMA Terminals. The respondent (hereafter `Teracom') participated in the said tender and was declared as the successful bidder.

3. Accordingly, BSNL issued an Advance Purchase Order (hereafter `APO') on 02.12.2010, in favour of Teracom for purchase of 3,75,000 units of WLL CDMA 2000 1x IFWTs. In terms of the APO, on 18.12.2

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