HIGH COURT OF MADRAS
Hon`ble Mr Justice ABDUL QUDDHOSE
ONGC CAUVERY ASSET – Appellant
Versus
M/S.STEEL AND GRIP – Respondent
J U D G M E N T
This appeal has been filed under section 37 of the Arbitration and Conciliation Act, challenging the order dated 03.06.2019 passed by the learned District Judge, Karaikal under section 34 of the Arbitration and Conciliation Act in A.O.P.No.1 of 2014 allowing the application filed by the Appellant in part by modifying the Arbitral Award both in favour of the Appellant as well as the respondent under the Arbitral award dated
05.05.2014.
2. The respondent was a successful bidder in a tender floated by the Appellant for the construction of 34 bunk houses at the Appellant's rig site. The Appellant executed a letter of award (LOA) dated 23.07.2009 in favour of the respondent awarding the tender to the respondent and thereafter, purchase order dated 24.09.2009 was also issued in favour of the respondent. Under the letter of award dated 23.07.2009, there is a condition which stipulates that 34 bunk houses will have to be constructed by the respondent and delivered to the Appellant within 120 days from the date of the said letter of award. The Appellant levied liquidated damages of Rs.10,22,631/- upon the respondent as according to the Appellant, the respondent delivered the bu
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