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2023 Supreme(SC) 495

DINESH MAHESHWARI, SANJAY KUMAR
Reliance Infrastructure Ltd. – Appellant
Versus
State Of Goa – Respondent


Advocates appeared:
For the Parties : Mr. R. Venkataramani, AG Mr. Ritin Rai, Sr. Adv. Ms. Ruchira Gupta, Adv. Ms. Nancy Shah, Adv. Mr. Shishir Deshpande, AOR Mr. Shreehrasha Peechara, Adv. Ms. Harshita Sharma, Adv. Mr. Deep Narayan Sarkar, Adv. Mr. Parag P. Tripathi, Sr. Adv. Mr. Mahesh Agarwal, Adv. Mr. Rishi Agrawala, Adv. Ms. Niyati Kohli, Adv. Ms. Sukriti Bhatnagar, Adv. Mr. Anirudh Dusaj, Adv. Mr. Rajesh Kumar, Adv. Mr. E. C. Agrawala, AOR Mr. Mahesh Agarwal, Adv. Mr. Rishi Agrawala, Adv. Ms. Anjali C, Adv. Mr. Surendra Khot, Adv. Mr. Agni Som, Adv. Ms. Niyati Kohli, Adv. Mr. E. C. Agrawala, AOR

JUDGMENT :

DINESH MAHESHWARI, J.

Table of Contents

Preliminary

Relevant factual aspects and background

Arbitration proceedings and award

Challenge to the award under Section 34 of the Act

The appeal under Section 37 of the Act

Rival Submissions

Relevant Statutory provisions

The scope of challenge to an arbitral award under Section 34 and the scope of appeal under Section 37 of the Act

Questions relating to proceedings and procedure

The award relating to variable charges on use of alternate fuel

The award relating to downrating of the plant

The award relating to variable charges on 4 MW power

The award relating to netting-out principle

Interest in award

Final comments, observations, and conclusion

Preliminary

Leave granted.

2. These two appeals, preferred against the judgment and order dated 08.03.2021, as passed by the High Court of Judicature


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