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2024 Supreme(Del) 982

HIGH COURT OF DELHI
LARSEN AND TOUBRO LIMITED – Appellant
Versus
IIC LIMITED & ANR. – Respondent


JUDGMENT :

PRATHIBA M. SINGH, J.

1. This hearing has been done through hybrid mode.

2. These four petitions raise an important issue concerning the interpretation of Section 29A of the Arbitration and Conciliation Act, 1996 (hereinafter ‘1996 Act’). The parties in all the four petitions are set out in the following table:

Case NumberPetitionerRespondentsProject
O.M.P.(MISC.) (COMM.) 426/2023Larsen and Toubro LimitedIIC Ltd. & RPLEBOP Nashik
O.M.P.(MISC.) (COMM.) 427/2023Larsen and Toubro LimitedIIC Ltd. & RPLEBOP Amravati
O.M.P.(MISC.) (COMM.) 20/2024Larsen and Toubro LimitedSinnar Thermal Power Limited & RPL.CHP Nashik
O.M.P.(MISC.) (COMM.) 637/2023Larsen and Toubro LimitedElena Power and Infrastructure Limited & RPL.CHP Amravati

The facts in each of the four petitions are as under:

O.M.P.(MISC.) (COMM.) 426/2023

3. The Petitioner- Larsen & Toubro Ltd. (hereinafter, L&T) was awarded a Letter of Intent (hereinafter, ‘LoI’) dated 5th October, 2010 in respect of the Thermal Power Plant located at Sinnar, Nasik, Maharashtra, India (hereinafter, ‘Nashik Project’). The Letter of Award (hereinafter, ‘LoA’) is dated 19th October, 2010 with respect to the said Nashik Project. Further, in pursuance of

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