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2026 Supreme(Del) 186

IN THE HIGH COURT OF DELHI AT NEW DELHI
NEENA BANSAL KRISHNA
Airports Authority of India – Appellant
Versus
URC Construction (P) Ltd. – Respondent


Advocates Appeared:
For the Appellants : Digvijay Rai, Archit Mishra, Gagan Kochar, Kashish Singhal
For the Respondents: Vikas Mehta, Nishant Anshul, Bhaskar Nayak, V. Ganesan

Table of Content
1. overview of facts and timeline of the contract. (Para 1 , 3 , 4 , 6 , 11 , 16)
2. claims and disputes initiated by the respondent. (Para 12 , 14 , 17 , 20 , 21 , 22)
3. arbitrator's decisions and reasoning for awards. (Para 24 , 26 , 28)
4. petitioner's arguments against the arbitrator's decisions. (Para 29 , 30 , 31 , 32 , 34 , 37)
5. court's perspective on evidence and delay attribution. (Para 82 , 83 , 84 , 86 , 90)
6. discussion on escalation charges and their justification. (Para 115 , 116 , 121 , 123)
7. justification for overhead charges awarded by the arbitrator. (Para 130 , 132 , 135 , 138)
8. final conclusion and upholding of the arbitral award. (Para 140 , 148 , 149)

JUDGMENT :

NEENA BANSAL KRISHNA, J.

1. The present Petition under Section 34 Arbitration and Conciliation Act, 1996 (hereinafter referred to as “the Act”) has been filed by the Petitioner/Airports Authority of India, for setting aside the Award dated 26.03.2019 whereby a total sum of Rs. 2,57,86,532/- along with interest @ 10% w.e.f. 04.09.2017 till the date of the Award and further 10% from 27.03.2019 up to the date of actual payment along with Rs. 7,00,000/- as costs, has been awarded to the Res

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