DELHI HIGH COURT
CHANDRA DHARI SINGH
Oil and Natural Gas Corporation Ltd. – Appellant
Versus
United Drilling Tools Limited – Respondent
| Table of Content |
|---|
| 1. petition to quash arbitral award under section 34 (Para 1 , 2) |
| 2. background facts of ongc and udt contract dispute (Para 3 , 4 , 12) |
| 3. arguments against arbitral award regarding liquidated damages (Para 6 , 7 , 8) |
| 4. counterarguments and defenses by respondent-udt (Para 9 , 10) |
| 5. court's confirmation of the arbitral award validity (Para 18 , 19) |
| 6. final order dismissing the petition (Para 20 , 21) |
ORDER
Chandra Dhari Singh, J. (Oral)
I.A. 9357/2021 (Exemption)
Exemption allowed subject to just exceptions.
The application stands disposed of.
O.M.P. (COMM) 214/2021
1. The instant petition under Section 34 of the Arbitration and Conciliation Act, 1996 has been filed on behalf of the petitioner seeking the following reliefs:
"A. Call for the records of the arbitral proceedings in respect of the impugned Arbitral Award dated 10.08.2020 passed by the Ld. Sole Arbitrator;
B. Quash and set aside the Award dated 10.08.2020 to the extent that the Ld. Arbitrator directs refund of the Liquidated Damages amounting to USD 1,46,400 deducted by the Petitioner from the delayed portion of supplies of winches;
C. Quash and set aside the Award dated 10.08.2020 to the extent the Ld.
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