M/S IRB AHMEDABAD VADODARA SUPER EXPRESS TOLLWAY PVT. LTD. vs NATIONAL HIGHWAYS AUTHORITY OF INDIA

$~ * IN THE HIGH COURT OF DELHI AT NEW DELHI Reserved on: 24 July 2024 Pronounced on: 11 February 2025 + O.M.P. (COMM) 261/2024 M/S IRB AHMEDABAD VADODARA SUPER EXPRESS TOLLWAY PVT. LTD. .....Petitioner Through: Mr. Vikram Nankani, Sr. Adv. with Mr. Karan Bharihoke, Mr. Anirudh Bakhru, Ms. Devika Mohan, Ms. Teresa Daulat, Mr. Mohanish Patkar, Mr. Raj Adhia, Mr. Param Bir Singh, Mr. Humraz Bir Singh, Mr. Ankit Banati and Ms. Tarini Khurana, Advs. versus NATIONAL HIGHWAYS AUTHORITY OF INDIA .....Respondent Through: Mr. Ankur Mittal, Mr. Abhay Gupta and Mr. Sanjivan Chakraborty, Advs. CORAM: HON'BLE MR. JUSTICE C. HARI SHANKAR % JUDGMENT 11.02.2025 The challenge, and issue in controversy 1. Under challenge at the instance of IRB Ahmedabad Super Expressway1, in the present petition preferred under Section 34 of the Arbitration & Conciliation Act, 19962 is an arbitral award passed by a learned three-member Arbitral Tribunal on 7 April 2024. IRB was the 1 “IRB” hereinafter 2 “the 1996 Act” hereinafter 2. The challenge, in this petition, is restricted to the rejection, by the Arbitral Tribunal, of the claim of IRB for compensation, from NHAI, under Article 35.4 of the Concession Agreement