TITAGARH RAIL SYSTEMS LIMITED vs RAILWAY BOARD, MINISTRY OF RAILWAYS, GOVERNMENT OF INDIA

$~75 & 76 * IN THE HIGH COURT OF DELHI AT NEW DELHI + FAO(OS) (COMM) 103/2026, CM APPLs.24033-34/2026 TITAGARH RAIL SYSTEMS LIMITED .....Appellant Through: Ms. Akanksha Mehra, Mr. Tanay Agarwal, Mr. Shivam Bhimsaria, Mr. Abhiraj Choudhary and Ms. Mili Tomar versus RAILWAY BOARD, MINISTRY OF RAILWAYS, GOVERNMENT OF INDIA .....Respondent Through: Mr. Sandeep Kumar Mahapatra, CGSC, Ms. Mrinmayee Sahu, Mr. Amit Acharya, GP, Mr. Tribhuvan, Mr. Abhimanyu and Ms. Anushka Sarraf, Advocates and Mr Vinay Kaushik Government Pleader + FAO(OS) (COMM) 104/2026, CM APPL. 24043/2026 TITAGARH RAIL SYSTEMS LIMITED .....Appellant Through: Mr. Rajshekhar Rao, Sr. Advocate with Ms. Akanksha Mehra, Mr. Tanay Agarwal, Mr. Shivam Bhimsaria, Mr. Abhiraj Choudhary and Ms. Mili Tomar, Advocates versus RAILWAY BOARD, MINISTRY OF RAILWAYS .....Respondent Through: Mr. Sandeep Kumar Mahapatra, CGSC, Ms. Mrinmayee Sahu, Mr. Amit Acharya, GP, Mr. Tribhuvan, Mr. Abhimanyu and Ms. Anushka Sarraf, 1. These appeals, under Section 37 of the Arbitration & Conciliation Act, 19961 , assail a judgment and an order, both dated 26 February 2026, in OMP (Comm) 475/20242 and OMP (Comm) 503/20243 , rendered by a learned Single