JUDGMENT :

1. The instant arbitration application has been filed by the applicant-Company under Section 11 of the Arbitration and Conciliation Act, 1996 (hereinafter referred to as ‘Act of 1996’) claiming the following reliefs :-

“In view of the submissions made above, it is most respectfully prayed that this Hon’ble Court may kindly be pleased to:

a. Appoint a Sole Arbitrator to adjudicate the claims of the Petitioner under the Tender dated 29 March 2013 and Supply Orders dated 02 November 2013; and

b. Pass such other order or further orders as this Hon’ble Court may deem fit and proper in the facts and circumstances of the case in favour of the Petitioner.”

2. Brief facts of the case, as placed before this Court by Mr.Vikas Balia, learned Senior Counsel assisted by Mr. Abhishek Mehta, appearing on behalf of the applicant-Company, are that the respondent no. 1 floated an online notice dated 29.03.2013 inviting tender for procurement of medical equipment bearing no. F.6 () S/MC/JU/2013-14. The equipments sought vide the tender in question were 1 magnetic resonance imaging system (MRI) and 2 CT scanners.

2.1. The applicant submitted its bid, whereafter the applicant was declared as L-1 o