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2024 Supreme(Ori) 120

IN THE HIGH COURT OF ORISSA AT CUTTACK
CHAKRADHARI SHARAN SINGH, C.J.
Gram Tarang Employability Training Services Private Limited – Appellant
Versus
National Skill Development Corporation – Respondent


Advocates Appeared:
For the Petitioner:Mr. Tanmay Mishra, Advocate
For the Respondent:Mr. R.C. Panigrahi, Advocate

Table of Content
1. details of the parties and the dispute (Para 2 , 3 , 4)
2. loan disbursement conditions and challenges faced (Para 9 , 10 , 11 , 12)
3. issues arising due to performance shortfall (Para 13 , 14 , 15 , 16 , 18)
4. arguments regarding territorial jurisdiction (Para 20 , 21 , 22)
5. court's analysis on arbitration seat and jurisdiction (Para 23 , 25 , 27 , 31 , 32)
6. final dismissal of the petition (Para 35 , 36)

JUDGMENT :

This matter is taken up through Hybrid mode.

3. The petitioner claims to be a social entrepreneurial outreach set up by Centurion University of Technology & Management, in partnership with National Skill Development Corporation (NSDC), which is a not-for-profit public limited company, set up by the Ministry of Finance in Public Private Partnership (PPP) model. The NSDC has its registered office at Shaheed Jeet Singh Marg, New Delhi.

5. Article X of the said loan agreement contains the provisions concerning “governing law, dispute resolution and jurisdiction”, Clause-10.2(ii) of which reads as under:

6. Upon notice, the opposite party has entered appearance and raised objection questioning the maintainability of the present petition before this Court, on t

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