Case Law Details
K S Jain Builders Vs Indian Railway Welfare Organization (Delhi High Court)
The case of K S Jain Builders Vs Indian Railway Welfare Organization (IRWO), adjudicated by the Delhi High Court, revolves around a dispute concerning the partial satisfaction of claims made by K S Jain Builders (the petitioner) following an arbitration award. The core of the contention lies in the arbitration award dated 7th July 2022, which was rendered by a Sole Arbitrator. The petitioner, despite being the successful party in the arbitration, challenged the award, particularly disputing the findings on Claims No. 4 and 5, which were only partially allowed.
Background of the Dispute
The dispute originated from a contract awarded on 12th April 2016, involving the construction of a residential complex by the petitioner for the IRWO in Lucknow, Uttar Pradesh. The project encountered several delays, notably due to delays in receiving approvals and environmental clearances, and disputes over the provision of construction materials by the respondent, leading to eventual arbitration initiated by the petitioner.
Arbitration Award and Challenges
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