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DELHI HIGH COURT
SANJEEV NARULA
Mcnally Bharat Engineering Company Limited – Appellant
Versus
Steel Authority of India Limited – Respondent


Table of Content
1. arguments on interpretation of ica rules. (Para 3)
2. ica's legal position and counterarguments. (Para 4)
3. amicus curiae perspectives and recommendations. (Para 5)
4. analysis of fee structure and legal provisions. (Para 8 , 9 , 10 , 11 , 12 , 13 , 14 , 19 , 20 , 21)
5. maintaining the petition and court's jurisdiction. (Para 29 , 30 , 31)
6. final judgment and dismissal of the petition. (Para 32)

JUDGMENT

Sanjeev Narula, J. (Oral): The present petition under Section 39(2) of the Arbitration and Conciliation Act, 1996 [hereinafter, "the Act"] is directed against the order dated 17th June, 2021 passed by the Arbitral Tribunal appointed under the Rules of Domestic Commercial Arbitration & Conciliation of the Indian Council of Arbitration ("ICA"), as amended w.e.f. 1st April, 2016 [hereinafter, "ICA Rules"].

THE FACTS

2.1. The Petitioner - M/s McNally Bharat Engineering Company Limited [hereinafter, "McNally"] is the lead contractor of a consortium comprising of itself and M/s Southern Cooling Tower Private Limited. Respondent No. 1 - Steel Authority of India Ltd. [hereinafter, "SAIL"] awarded a contract dated 22nd September 2012 for the setting-up of an external pump

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