Disposed

Punj Lloyd Limited, v. M/s. Gvk Power (Goindwal Sahib) Limited

Telangana HC30 Mar 2022ARBAPPL/147/2017

Case brief

AI extract

What is this about?

This court disposed of three arbitration applications filed by Punj Lloyd Limited against M/s. GVK Power Limited for appointment of an arbitrator. The court held that no reason exists to continue the applications as the applicant is waiting for liquidation proceedings before the National Company Law Tribunal.

What did the court decide?

All arbitration applications disposed of without costs; miscellaneous petitions to be closed.

Punj Lloyd Limited, Vs M/s. Gvk Power (Goindwal Sahib) Limited — Telangana HC (2022) — LawSathi Research

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IN THE HIGH COURT FOR THE STATE^{OF TELANGANA} AT HYDERABAD

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WEDNESDAY, THE THIRTIETH DAY OF MARCH TWO THOUSAND AND TWENTY TWO

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PRESENT

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THE HONOURABLE SRI JUSTICE UJJAL^BHUYAN

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ARBITRATION APPLICATION Nos.146,^{147& 148 OF 2017}

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ARB.APPL.No.1 46 of 2017

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Betwee n:

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Punj Lloyd Limited, Having its Registered office at^{"Punj Lloyd House",17-'lB,} Nehru Place, New Delhi^1'1 0 019 Rep.^{by its Authorized Signatory,lvlr.} Mukesh Kumar Jaiswal, S/o. Sir^{Trilokchand Prasad Jaiswal,Aged about 51} years, Occ: Genera{ I,4anager - lnfrastructure & Power, Ryo. GS-12, Sector 47, Gurgoan, Haryana - 122001^.

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...APPLICANT

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AND

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M/s. GVK Power^(Goindwal Sahib)^L imited, Having its Registered Office at Paigah House 156-159, S.P Road^S ecunderabad^- 500 003 and represented by its Director^- Finance.

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...RESPONDENT

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Application under Section 11⁽⁵⁾ &⁽⁶⁾ of the^{Arbitrationand Conciliation} Act, 1996 and Scheme of Appointment of^{Arbitrators 2000prayingthat in the} circumstances stated in the affidavit^{fieldtherewith,the High Court maybe} pleased Pleased

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i) To appoint a Presiding Arbitrator so as to complete^{the constitution of} the Arbitral Tribunal consisting of three Arbitrators to^{adjudicate the} Claims and disputes between the Applicant and^{Respondentarising out} of the Agreement for construction and services^{dated14.09.2009;}

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ii) To award the costs of application; and iii) To pass such other order or orders as^{the Hon'blecourt may deem fit} and proper in the circumstances of the case."

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The application coming on for hearing, upon^{perusingthe Application} and affidavit filed in support thereof^{and upon hearing the argumentsof M/s.}

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K. Shreya, representing Sri K.V. Rusheek^{Reddy, Advocatefor the Applicant} and of Sri Ch. Pushyam Kiran, Advocate^{for the Respondent.}

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ARB,A PPL.No.147 of 2017 Between:

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Punj Lloyd Limited, Having its Registered office^{at "PunjLloyd} House", 17-18, Nehiu Place, New Delhi^'1 10 019^{Rep. by its Authorized} Signatory, l,4 r, Mukesh Kumar Jaiswal, S/o. Sir Trilokchand^{PrasadJaiswal,} Aged about 51 years, Occ: General lvlanager - lnfrastructure & Power, R/o. GS-12, Sector 47, Gurgoan, Haryana - 122OO1^.

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...APPLICANT

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AND

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M/s. GVK Power^(Goindwal Sahib) Limited, Having^{its Registered Office at} Paigah House 156-159, S.P. Road Secunderabad^{- 500 003and represented} by its Director^- Finance,

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-.RESPONDENT

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Application under Section 11⁽⁵⁾ &⁽⁶⁾ of the Arbitration^{and Conciliation} Act, 1996 and Scheme of Appointment of^{Arbitrators 2000 praying that in the} circumstances stated in the affidavit^field therewith,^{the High Court maybe} pleased Pleased

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i) To appoint a Presiding Arbitrator so as to complete the constitution of the Arbitral Tribunal consisting of three^Arbitrators to^{adjudicate the} Claims and disputes between the Applicant and Respondent aristng^out of the Agreement for balance of^plant supplies^{(Ex-works)for Cement} and Steel dated 14.09.2009;

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ii) To award the costs of application; and

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iii) To pass such other order or orders as the Hon'ble^{Court may deemfit} and proper in the circumstances of the case."

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The application coming on for hearing, upon^{perusingthe Applicationand} affidavit filed in support thereof and upon^{hearingthe argumentsof Mis.} K. Shreya, representing Sri K.V. Rusheek Reddy, Advocate^for the^Applicant and of Sri Ch. Pushyam Kiran, Advocate for the^Respondent.

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ARB.APPL.No .148^{ol 2017}

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Between:

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Puni Llovd Limited. Havinq^{its Registered office at "Punj Lloyd} House", 17-'1 8, r.ren'r, irr"e, New Delhi^{110 019 Rep. by its Authorized} Signatory,^Mr. fr,l rf eifr Kum'ar Laiswat,^{S/o. Sir Trilokchand PrasadJaiswal,} Aged about 51 v"Jit,^{O.C, GenerallVlanager - lnfrastructure & Power, R/o} GS-12, Sector 47, Gurgoan, Haryana^{- 122001}

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.,.APPLICANT

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AND

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M/s. GVK Power^{(Goindwal Sahib) L} imrted. Havina its Reqistered^{Office at} Paiqah House 156-159.^{S.P. RoadS} ecunderabad- 500 0b3^{and represented} by its Director^{- Finance.}

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...RESPONDENT

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AppliCationunderSectionll(5)&(6)oftheArbltrationandconciliation Act,lgg6andSchemeofAppointmentofArbitrators2000prayingthatinthe Circumstancesstatedintheaffidavitfieldtherewith,theHighCourtmaybe pleased Pleased

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i)ToappointaPresidingArbitratorSoaStocompletetheconstitutionof the Arbitral Tribunal^{consisting of three Arbitrators to adjudicate the} ClaimsanddisputesbetweentheApplicantandRespondentarisingout of the Agreement^{for balanceof plantsupplies Ex-works dated} 14.09.2009;

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ii) To award the costs^{of application;and}

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iii) To pass such other^{orderor orders as the Hon'ble Court may deem fit} and^proper in the^{circumstances of the case"}

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The application^{coming on for hearing, upon perusingthe Applicationand} affidavit filed in^{supportthereof and upon hearingthe arguments of M/s.} K.Shreya,representingsriK.V.RusheekReddy,AdvocatefortheApplicant and of Sri Ch.^{PushyamKiran, Advocate for the Respondent'}

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The Court made the^{following:COMMON ORDER}

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THE HON'BLE SRI JUSTICE UJJAL B HTIYAN ARBITRATION APPLICATI ON Nos.146 L47 & t4a OF 2017

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COMMON ORDER:

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Heard Ms.K.Shreya, learned counsel for the applicant and Mr.Shiv Rohan Singh, Iearned cour-rsel for the r-espondent.

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2 Learned counst'l 1"or the a1;1tli<.ant subtnits that applicernt rs presentiY lacing liqr-riclation p|Occtclirigs beibre the Nartronal Compan-r' Lari Triblrnal. Deil-ri.

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3 In that vieu' ol the matter'! \'e sc.e no rearson to continue ti,ith the present arbttration applicatior-rs.

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4 However, post proceedings before the National Company Law Tribunal, Delhi, if cause further survives, it r,r,ould be open to the applicant to avail appropriate remed1,.

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5 Accordingiy, all the arbitration applications are disposed of. No order as to costs. As a sequel miscellaneous petitions, if any, pending in these arbitration applications, shall also stand closed.

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SD/- B.S. CHIRANJEEVI JOINT REGISTRAR //TRUE COPY' G

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SECTION OFFICER

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To,

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One CC to^{Sri K.V Rusheek Reddy,AdvocateIOPUC]}

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One CC to^{Sri Ch. Pushyam Kiran,AdvocateIOPUC]}

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Two CD CoPies

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One Spare^CoPY gbr

^\A

HIGH COURT

DATED: 3010312022

t:) fi
ir) 84 t"t;iv 2922
-:.'

¶61

COMMON ORDER ARB.APPL.Nos.146,147^{& 148 of 2017}

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DISPOSING OF^{THE ARBITRATION APPLICATIONS} WITHOUT COSTS

¶63

%w6.

Punj Lloyd Limited, v. M/s. Gvk Power (Goindwal Sahib) Limited

Case brief

What is this about?

What did the court decide?

Punj Lloyd Limited, v. M/s. Gvk Power (Goindwal Sahib) Limited

Case brief

What is this about?

What did the court decide?

What the court decided

A compact analysis

Issues for consideration

Statutes considered

Parties & counsel

Coram

Case details

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