J. N. BHATT, K. M. MEHTA, J.

( 1 ) THE appellant - Oil and Natural Gas Corporation (ONGC) has challenged the judgment and order dated 22/3/2000 recorded by 6th Joint Civil Judge (S. D.) Vadodara in Arbitration Misc. Civil Application No. 106 of 1999, whereby, the application u/s. 14 of the Indian Arbitration Act, 1940 has been made rule of Court with slight modification by invoking the test of the provision of section 37 (1) (vi) of the Arbitration Act, 1940 (1940 Act ).

( 2 ) A resume of the material facts giving rise to this appeal may, briefly, be narrated so as to appreciate the merit of the present appeal at the admission stage and in order to appreciate the merits the learned advocate appearing for the appellant - ONGC placed reliance on the documentary evidence which was placed for our consideration at the admission stage. Following aspects have remained uncontroverted - (1) Agreement was entered into on 25/4/1991 between the original claimant Essar Steel Ltd. and respondent ONGC for deployment of drilling rig for the purpose of drilling and to carry out auxiliary operation for the purpose of producing oil and/or gas in Gandhar belt. The disputes and differences between the p

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