M. SUNDAR
Carbonaire Industries Madras Private Limited, Chennai – Appellant
Versus
Express Infrastructure Private Limited, Chennai – Respondent
JUDGMENT
(Prayer: Petitioner filed under Section 34 (2)(b)(ii) and 34(2A) of Arbitration and Conciliation Act, 1996 to set aside the award passed by the Arbitral Tribunal dated 21.12.2021 passed by sole arbitrator.)
1. A unsuccessful claimant before an 'Arbitral Tribunal' ['AT' for the sake of brevity] constituted by a sole Arbitrator is the protagonist of the captioned 'Arbitration Original Petition' ('Arb.OP' for the sake of brevity), which has been presented in this Court on 17.03.2022 assailing an 'arbitral award dated 21.12.2021' [hereinafter 'impugned award' for the sake of convenience and clarity].
2. Mr.M.S.Krishnan, learned Senior Advocate instructed by Mr.Prasad Vijayakumar, counsel on record for the petitioner in the captioned Arb.OP is before this Court.
3. Short facts shorn of granular particulars will suffice as this is a Section 34 legal drill. Short facts are that the petitioner (hereinafter 'CIMPL' denoting 'Carbonaire Industries Madras Private Limited') and the respondent (hereinafter 'EIPL' denoting 'Express Infrastructure Private Limited') entered into a 'Power Purchase Agreement dated 13.06.2019' (hereinafter 'PPA' for the sake of brevity); that this PPA is the nuc
Login now and unlock free premium legal research
Login to SupremeToday AI and access free legal analysis, AI highlights, and smart tools.
Login
now!
India’s Legal research and Law Firm App, Download now!
Copyright © 2023 Vikas Info Solution Pvt Ltd. All Rights Reserved.