DELHI HIGH COURT
VIBHU BAKHRU
Brandavan Food Products – Appellant
Versus
Indian Railway Catering and Tourism Corporation Limited – Respondent
| Table of Content |
|---|
| 1. background on the mla and its renewal conditions. (Para 1 , 2 , 3 , 4 , 5 , 6 , 7 , 8 , 9 , 10 , 11 , 12 , 13 , 14 , 15 , 16) |
| 2. disputes regarding renewal conditions and arbitration. (Para 18 , 19 , 21 , 22 , 23) |
| 3. arbitral tribunal's interpretation of contract terms. (Para 20 , 34 , 36 , 40 , 41) |
| 4. court's affirmation and reasoning on the validity of renewal terms. (Para 43 , 44 , 45 , 46 , 56) |
| 5. final dismissal of petitions with no grounds for interference. (Para 73 , 74) |
JUDGMENT
Vibhu Bakhru, J. The parties have filed the present petitions under Section 34 of the Arbitration and Conciliation Act, 1996 (hereafter the `A&C Act') impugning an arbitral award dated 02.03.2021 (hereafter the `impugned award') delivered by an Arbitral Tribunal comprising of a Sole Arbitrator (hereafter the `Arbitral Tribunal').
2. The impugned award was rendered in the context of disputes that have arisen between the parties in relation to the renewal of the Master License Agreement dated 21.04.2014 (hereafter `the MLA').
3. The MLA was for a period of five years. However, it was stipulated that the same may be renewed for a period of five years subject to satisfactory performa
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