HINDUSTAN PETROLEUM CORPORATION LTD. vs G. R. ENGINEERING PVT. LTD.

CARBP.984.2018 - FINAL - June 17, 2025.doc IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION IN ITS COMMERCIAL DIVISION COMMERCIAL ARBITRATION PETITION NO. 984 of 2018 Hindustan Petroleum Corporation Limited …Petitioner Versus G. R. Engineering Private Limited …Respondent Mr. Zal Andhyarujina Sr. Advocate a/w Mr. Vijay Purohit, Ms. Ishani Khanwilkar, Ms. Nitika Bangera, vis. Niyati Bogayta i/b P & A Law Offices Adv. For Petitioner. Mr. Haresh Jagtiani, Sr. Adv. a/w Mr. Suprabh Jain, Mr. Pushpvijay Kanoji, Mr. Pranay Kamdar i/b Suprabh Jain Adv. For Respondent. CORAM : SOMASEKHAR SUNDARESAN, J. RESERVED ON : January 29, 2025 PRONOUNCED ON : June 18, 2025 JUDGEMENT: Context and Background: 1. This Petition under Section 34 of the Arbitration and Conciliation Act, 1996 (“the Act”) challenges an arbitral award dated May 2, 2018 (“ Impugned Award”) passed in favour of the Respondent, G.R. Engineering Private Limited (“GRE”) by an arbitral tribunal allowing a claim against the Petitioner, Hindustan Petroleum Corporation Ltd. (“HPCL”). 2. HPCL invited bids and awarded GRE a contract to construct twelve “mounded bullets” to store liquified petroleum gas at HPCL