IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION COMMERCIAL ARBITRATION PETITION NO.51 OF 2024 Union of India Through The General Manager Central Railway ...Petitioner Versus PLR HC RBR JV ...Respondent WITH INTERIM APPLICATION (L) NO.20681 OF 2024 IN COMMERCIAL ARBITRATION PETITION NO.51 OF 2024 PLR HC RBR JV ….Applicant IN THE MATTER BETWEEN Union of India Through The General Manager Central Railway ...Petitioner Versus PLR HC RBR JV ...Respondent Mr. R.V. Govilkar, Senior Advocate a/w. N.R. Bubna, & Rui Rodrigues., Advocates for Petitioner.

Mr. Vishwajit P. Sawant, Senior Advocate a/w. Vasudeva Naidu i/b.

Prabhakar M. Jadhav, Advocates for Respondent.

CORAM : SOMASEKHAR SUNDARESAN, J.

RESERVED ON : FEBRUARY 28, 2025.

PRONOUNCED ON : JUNE 24, 2025.

JUDGEMENT:

Digitally signed by AARTI Context and Factual Background:

AARTI GAJANAN GAJANAN PALKAR PALKAR Date:

2025.07.02 1. This is a Petition under Section 34 of the Arbitration and

13:03:44 +0530 Conciliation Act, 1996 (“the Act”) challenging an arbitral award dated May 31, 2023 (“Impugned Award”) in connection with disputes and differences relating to an agreement dated September 24, 2018 (“Agreement”). The Agr