DELHI TRANSCO LTD vs KEC INTERNATIONAL LTD

$~ * IN THE HIGH COURT OF DELHI AT NEW DELHI Judgment reserved on: 29.04.2025 Judgment pronounced on: 21.05.2025 + FAO(OS) (COMM) 162/2023 and C.M. Appl. No. 39824/2023 DELHI TRANSCO LTD .....Appellant Through: Ms. Avnish Ahlawat, Standing Counsel with Mr. N.K. Singh, Ms.Laavanya Kaushik, Ms. Aliza Alam, Mr. Mohnish Sehrawat and Mr.Amitoj Chadha, Advocates. versus KEC INTERNATIONAL LTD .....Respondent Through: Ms. Payal Chandra, Mr. Rhythm Buaria and Mr. Yashraj Samant, Advocates. CORAM: HON'BLE MR. JUSTICE SUBRAMONIUM PRASAD HON'BLE MR. JUSTICE HARISH VAIDYANATHAN SHANKAR JUDGMENT HARISH VAIDYANATHAN SHANKAR, J. 1. The present appeal under Section 37 of the Arbitration & Conciliation Act, 19961, has been preferred by the Appellant challenging the judgment of the learned Single Judge dated 24.05.20232, whereby the Learned Single Judge has upheld the Award dated 29.01.2015 passed by the learned Arbitral Tribunal3. 2. The Appellant herein lays challenge to the impugned judgment on the ground that same upholds the “perverse reasoning” given by the Ld. AT while making the Impugned Award. It is further contended by 1 A & C Act 2 Impugned Judgment 3 Ld. AT 3. In the award dated 29.01.201