* IN THE HIGH COURT OF DELHI AT NEW DELHI % Judgment Reserved on: 20^th February, 2026 Judgment pronounced on: 11th March, 2026 + O.M.P. (COMM) 191/2019 MAN INDUSTRIES (INDIA) LIMITED .....Petitioner Through: Mr. Jayant Mehta, Sr. Advocate with Ms. Amrita Singh, Mr. Sanket Khandelwal, Mr. Prasang Sharma and Mr. Vinod Mehta, Advocates.

versus GAIL (INDIA) LIMITED .....Respondent Through: Mr. K.M. Natraj, ASG with Mr. Lalit Chauhan, Ms. Laxmi Chauhan, Mr. Manish Yadav and Ms. Nikita Chauhan, Advocates.

CORAM:

HON'BLE MR. JUSTICE AMIT BANSAL

JUDGMENT

AMIT BANSAL, J.

1. The present petition has been filed under Section 34 of the Arbitration and Conciliation Act, 1996 (hereinafter ‘the Act’) on behalf of the claimant in the arbitration proceedings challenging the Award dated 7^th January 2019 (hereinafter ‘Impugned Award’) passed by the Arbitral Tribunal

2. The petitioner (claimant in the arbitration proceedings) shall hereinafter be referred to as ‘Man Industries’ and the respondent (respondent in the arbitration proceedings) shall hereinafter be referred to as ‘GAIL’.

FACTUAL BACKGROUND

3. Brief facts leading to the present petition are as under:

3.1. Man Industries is engaged in the business of