BAKSHI SPEEDWAYS vs HINDUSTAN PETROLEUM CORPORATION LTD

$~J * IN THE HIGH COURT OF DELHI AT NEW DELHI % Judgment pronounced on: 26.11.2025 + O.M.P. (COMM) 166/2017 BAKSHI SPEEDWAYS .....Petitioner Through: Mr. Ravi Sikri, Sr. Advocate along with Mr. Deepank Yadav, Ms. Kanak Grover and Mr. Nishant Goyal, Advocates. versus HINDUSTAN PETROLEUM CORPORATION LTD. ..Respondents Through: Mr. Avneesh Garg, Mr. P. Sinha, Ms. Srika Selvam and Mr. Harsh Pal, Advocates. CORAM: HON'BLE MR. JUSTICE SACHIN DATTA JUDGMENT 1. The present petition under Section 34 of the Arbitration and Conciliation Act, 1996 has been preferred by the petitioner, assailing an Arbitral Award dated 30.03.2013. 2. The Arbitral proceedings arose in the context of a termination letter dated 08.09.2006 issued by the respondent, whereby the dealership agreement dated 23.08.1995 executed between the parties was terminated. The termination letter dated 08.09.2006 reads as under:- “HINDUSTAN PETROLEUM CORPORATION LIMITED BY REGISTERED A.D./U.P.C/ BY COURIER/ BY HAND Ref: RM:MKTG Dated: 08.09.2006 Smt. Aruna Bakshi Sole Proprieteress M/s Bakshi Speedway HPCL Retail Outlet (Petrol Pump) Sector51 O.M.P. (COMM) 166/2017 8.1995 Madam, 1. We refer to the Petrol/ diesel dealer Agreement d