M/S NTPC VIDYUT VYPAR NIGAM LTD vs M/S PRECISION TECHNIK PVT LTD

$~ * IN THE HIGH COURT OF DELHI AT NEW DELHI % Judgment reserved on: 01.07.2025 Judgment pronounced on: 18.07.2025 + FAO (OS) (COMM) 42/2019 NTPC VIDYUT VYAPAR LIMITED .....Appellant Through: Mr. Puneet Taneja, Sr. Advocate with Mr. Anil Kumar, Mr. Manmohan Singh Narula and Mr. Amit Yadav, Advocates. versus PRECISION TECHNIK PRIVATE LIMITED .....Respondent Through: Mr. Ramesh Singh, Sr. Advocate with Mr. Sidhartha Sharma, Mr. Arjun Asthana, Ms. Shalini Basu, Mr. Nachiket Chawla and Ms. Hage Nanya, Advocates. + FAO (OS) (COMM) 128/2019 PRECISION TECHNIK PRIVATE LIMITED .....Appellant Through: Mr. Ramesh Singh, Sr. Advocate with Mr. Sidhartha Sharma, Mr. Arjun Asthana, Ms. Shalini Basu, Mr. Nachiket Chawla and Ms. Hage Nanya, Advocates. versus NTPC VIDYUT VYAPAR LIMITED ....Respondent Through: Mr. Puneet Taneja, Sr. Advocate with Mr. Anil Kumar, Mr. Manmohan Singh Narula and Mr. Amit Yadav, Advocates. 1. The present cross-appeals under Section 37 of the Arbitration and Conciliation Act, 19961, arise from the impugned order dated 18.12.20182 passed by the learned Single Judge in OMP (Comm) No. 481/2016, titled “NTPC Vidyut Vyapar Nigam Ltd. vs. Precision Technik Private Limited”. By t