MahaOnline Limited vs Aksentt Tech Services Limited

Judgment text excerpt

Neeta Sawant carbpl_33165_2024.docx IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION COMMERCIAL ARBITRATION PETITION (L) NO.33165 OF 2024 WITH INTERIM APPLICATION (L) NO.33727 OF 2024 MahaOnline Limited ....Petitioner V/s. Aksentt Tech Services Limited ....Respondent Digitally signed by NEETA NEETA SHAILESH SHAILESH SAWANT Mr. Kevic Setalwad, Senior Advocate with Mr. Jahan Lalkaka, Mr. SAWANT Date: 2025.12.05 Kunal Bhanage, Ms. Ayushi Doshi, Ms. Riya Pichaya and Mr. Animish 17:49:32 Dighe i/b M/s. Indialaw LLP for the Applicant +0530 Ms. Alpana Ghone with Mr. Rashmin Khandekar, Mr. M.A. Kamdar, Mr. Hersh Choksi and Mr. Krishit Nandu i/b M/s. Kanga & Co. for the Respondent . CORAM: SANDEEP V. MARNE, J. RESD. ON: 21 NOVEMBER 2025 PRON. ON: 05 DECEMBER 2025 JUDGMENT: 1) By this Petition filed under the provisions of Section 34 of the Arbitration and Conciliation Act, 1996 (Arbitration Act), the Petitioner has challenged the Award of the learned sole Arbitrator dated 11 July 2024. By the impugned Award, the learned Arbitrator has awarded claim in favour of the Respondent in the sum of Rs.25,27,78,775/- alongwith interest @8% p.a. from the date of filing of the statement of claim till realisation. The Tribunal has also awarded costs of Rs.25,00,000/- to the Respondent. FACTS 2) Petitioner is an unlisted public company, which is a public- private joint venture between Government of Maharashtra and Tata ____________________________________________________________________________________________ PAGE NO. 1 of 31 Neeta Sawant carbpl_33165_2024.docx Consultancy Services Ltd. Petitioner is engaged in the business of IT services and IT consulting. Petitioner has undertaken the process of facilitating digitisation and strengthening penetration of inform