JAMMU AND KASHMIR ECONOMIC RECONSTRUCTION AGENCY THROUGH ITS CHIEF EXECUTIVE OFFICER vs SIMPLEX PROJECTS LIMITED

* IN THE HIGH COURT OF DELHI AT NEW DELHI % Reserved on : 03.02.2025 Pronounced on : 19.05.2025 + O.M.P. (COMM) 60/2025, I.A. Nos. 2873-74/2025 JAMMU & KASHMIR ECONOMIC RECONSTRUCTION AGENCY .....Petitioner Through: Mr. Praveen Chauhan, Mr. Parth Awasthi, Ms. Malvica Satija, Mr. Sarthak Swahney and Mr. Parth Sen, Advocates. versus M/S SIMPLEX PROJECTS LIMITED .....Respondent Through: Mr. S.D. Singh, Mr. K. Prasad, Ms. Swetha Sinha, Mr. Siddharth Singh and Ms. Meenu Singh, Advocates. CORAM: HON'BLE MR. JUSTICE MANOJ KUMAR OHRI JUDGMENT 1. The present petition is instituted under Section 34 of the Arbitration & Conciliation Act, 1996 (hereinafter, referred to as the „A&C Act‟) thereby seeking part setting aside of the arbitral award dated 13.07.2024 (hereinafter, „impugned award‟) delivered by the Arbitral Tribunal comprising of Sole Arbitrator (hereinafter, „AT‟) in respect of Issue Nos. 1 and 2 as framed by the AT. 2. The impugned award came to be delivered in the context of Contract Agreement No. JKUSDIP Srinagar/UT/02 dated 02.04.2013 (hereinafter, „subject contract‟) which came to be executed between the parties in 3. Pertinently, the scope of work under the subject contract als