Arbitration Appeal No.219 of 2022

1.

Neutral Citation No. - 2023:AHC:184463-DB

A.F.R

Reserved

Case :- APPEAL UNDER SECTION 37 OF ARBITRATION AND

CONCILIATION ACT 1996 No. - 219 of 2022

Appellant :- Hindustan Steelworks Construction Limited

Respondent :- New Okhla Industrial Development Authority

Counsel for Appellant :- Varad Nath, Agarwal Archi Piyush

Counsel for Respondent :- Kaushalendra Nath Singh

Hon'ble Manoj Kumar Gupta,J.

Hon'ble Vikram D. Chauhan,J.

(Per Manoj Kumar Gupta, J.)

1.

The instant appeal has been filed under Section 13 of the

Commercial Courts, Commercial Division and Commercial Appellate

Division of High Courts Act, 2015 read with Section 37 of the

Arbitration and Conciliation Act, 1996 (for the sake of brevity

hereinafter referred to as 'the Act') challenging the order of the

Commercial Court, Gautam Budh Nagar dated 23.5.2022 in Arbitration

Case No. 13 of 2015, setting aside the Arbitral Award dated 15.12.2014,

by the Sole Arbitrator, in a dispute between the parties.

BACKGROUND

2.

In the year 2002, the New Okhla Industrial Development

Authority (NOIDA), the respondent herein, entered into negotiation