2025:MHC:2742 In the High Court of Judicature at Madras Reserved on Delivered on: 18.11.2025 02.12.2025 Coram:

The Honourable Mr.Justice N.ANAND VENKATESH Original Petition No.862 of 2018 M/s.Oil & Natural Gas Corporation Ltd., MM Department, Thalamuthu Natarajan Building, Tower II 8^th Floor, Gandhi Irwin Road, Egmore, Chennai-8. ...Petitioner Vs M/s.Idealis Mudchemie Private Limited, No.2, North Crescent Road, T.Nagar, Thyagarayanagar, Chennai-17.

(name and address of the respondent amended as per order of the Court dated

18.9.2025 vide Memo dated

18.9.2025 by NAVJ) ...Respondent PETITION under Section 34(2)(A(IV) and (V) and (B)(2) of the Arbitration and Conciliation Act, 1996 praying to set aside the arbitration award dated 02.5.2018 passed by the 2^ndrespondent, which had arisen out of the dispute between the petitioner and the 1^st respondent in contract dated 16.4.2012 and direct the 1^st respondent to pay the costs of the petition.

For Petitioner : Mr.R.Yashod Vardhan, SC assisted by Ms.D.Monisha for M/s.AAV Partners For Respondent : Mr.S.R.Raghunathan for Ms.Akila ORDER This is a petition filed by the petitioner – M/s.Oil and Natural Gas Corporation Limited challenging the award p