IN THE HIGH COURT OF JUDICATURE AT MADRAS
SENTHILKUMAR RAMAMOORTHY
Kris Heavy Engineering and Construction SDN BHD, Represented by its Executive Director, Mr.A.P.Perumal – Appellant
Versus
PNHB-LANCO-KHEC-JV – Respondent
ORDER :
SENTHILKUMAR RAMAMOORTHY, J.
1. The petitioner was a partner of a joint venture between M/s.Puncak Niaga Holdings Berhad (PNHB), Lanco Infratech Limited (Lanco) and the petitioner (the JV). The JV was formed under a Joint Venture Agreement dated 28.01.2002(the JV Agreement). The JV Agreement was for purposes of bidding for and executing work for the Chennai Metropolitan Water Supply & Sewerage Board (the CMWSSB) in relation to the Chennai Water Supply Augmentation Project-I. After the execution of the JV Agreement, the parties modified the status of the petitioner under the JV Agreement by entering into an agreement titled Key Terms to the Supplementary Joint Venture Agreement(Key Terms Agreement). By virtue of the Key Terms Agreement, Package 8 under the work awarded to the JV was sub- contracted to the petitioner. Disputes arose between the parties in relation to the sub-contract and these disputes were referred for arbitration.
2. The petitioner was the claimant before the Arbitral Tribunal. By the claim statement, the petitioner raised 34 claims for an aggregate sum of Rs.8,44,26,981/-. The respondent filed a statement of defence along with five counter claims for an aggre
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