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2026 Supreme(Raj) 326

IN THE HIGH COURT OF JUDICATURE FOR RAJASTHAN BENCH AT JAIPUR
SANJEEV PRAKASH SHARMA, BIPIN GUPTA
Parsa Kente Collieries Limited – Appellant
Versus
Rajasthan Rajya Vidyut Utpadan Nigam Limited – Respondent


Advocates Appeared:
For the Appellant : Mr. Vikram Nankani, Sr. Adv., assisted by Mr. Sandeep Pathak, Ms. Abhisaar Bairagi, Mr. Milind Sharma, Mr. Ausaf Ayyab & Mr. Utkarsh Meena.
For the Respondent: Mr. Kartik Seth with Ms. Ratakshi Sarvaria.

JUDGMENT :

(SANJEEV PRAKASH SHARMA, ACJ.)

1. The present Civil Miscellaneous Appeal filed under Section 37 of the Arbitration and Conciliation Act, 1996 (hereinafter referred to as the ‘Act of 1996’) assails the order dated 20.05.2023 passed by the learned Commercial Court No. 1, Jaipur Metropolitan-II, Jaipur (hereinafter referred to as ‘Commercial Court’) wherein the application filed under Section 34 of the Act of 1996 was allowed and the arbitral award dated 15.01.2021 and additional award dated 05.07.2021 were set aside.

2. Brief facts of the case are that the appellant is a joint venture company incorporated under the Companies Act, 1956 and has its registered office in Jaipur, which was formed with the objective of undertaking the development of the Parsa East and Kanta Basan Coal Block, mining, beneficiation, arranging for transportation and delivery of coal to thermal power stations owned and operated by the respondent, which is an undertaking of the Government of Rajasthan and is engaged in the business of generation and sale of electricity in the state of Rajasthan.

3. On 16.07.2008, the appellant and respondent executed the Coal Mining and Delivery Agreement (hereinafter re

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