2025:BHC-OS:19481 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INTERIM APPLICATION (L) NO. 28857 OF 2025 IN COMMERCIAL ARBITRATION PETITION (L) NO.28855 OF 2025 Mumbai Metro Rail Corporation Limited …Applicant/

Petitioner Versus L&T-STEC JV Mumbai …Respondent Mr. Birendra Saraf, Advocate General, Senior Advocate, a/w Simil Purohit, Ameya Gokhale, Kriti Kalyani, Siddhant Marathe, Ansh Kumar, i/b Shardul Mangaldas, for the Applicant/Petitioner.

Mr. Vikram Nankani, Senior Advocate, a/w Indrnil Deshmukh, Saloni Kapadia, Karan Ghandhi, i/b Cyril Amarchand Mangaldas, for Respondent.

CORAM : SOMASEKHAR SUNDARESAN, J.

DATE : OCTOBER 10, 2025 Oral Judgment:

Context and Factual Background:

1. Interim Application (L) No.28857 of 2025 is an Application seeking a stay on the execution of an arbitral award dated June 16, 2025 (“Impugned Order”) pending the hearing and final disposal of Digitally signed by A JA S N H A W R I D N A I N A J V A S A N H L A L W R A I D K N A A I T N I Commercial Arbitration Petition (L) No.28855 of 2025, which is an VALLAKATIDate:

2025.10.16 +0530 application under Section 34 of the Act.

2. The Petitioner, Mumbai Metro Rail Corporation Lim