HON’BLE SRI JUSTICE K. LAKSHMAN ARBITRATION APPLICATION No.266 OF 2024

ORDER

Heard Mr. S. Ram Babu, learned counsel for the applicant and Ms. V. Uma Devi, learned counsel for the respondent.

2. This application is filed under Section - 11 (6) (c) of the Arbitration and Conciliation Act, 1996 (for short ‘Act, 1996’), to appoint three (03) Arbitrators to adjudicate the disputes between the parties.

3. CONTENTIONS OF THE APPLICANT i) The applicant is a Company incorporated under the Companies Act, 1956. It is engaged in the design, engineering, and supply of steel plant equipment. It has entered into a Contract with respondent dated 28.04.2017 for setting up Single Stand Reversing 4- HI Wide Plate Hot Rolling Mill for Rolling of Plates (Phase-I) at the respondent premises in Hyderabad.

ii) The said contract was for design, supply and commissioning of various plant equipment and technological structures. It is the specific contention of the applicant that as per the terms of the contract, the applicant has agreed to undertake design, engineering, manufacture and supply of plant and equipment, technological structures, supply of refractory’s, civil and structural consultancy work, intermed