RAILWAYS BOARD, MINISTRY OF RAILWAYS vs TITAGARH RAIL SYSTEMS LIMITED

* IN THE HIGH COURT OF DELHI AT NEW DELHI % Judgment reserved on: 20.02.2026 Judgment pronounced on: 26.02.2026 + O.M.P. (COMM) 475/2024, CAV 546/2024, I.A. 44540/2024, I.A. 2435/2025, I.A. 4546/2025 RAILWAYS BOARD, MINISTRY OF RAILWAYS .....Petitioner Through: Mr. Shashank Garg, Sr. Adv. with Mr. Husain Taqvi, Ms. Nishtah Jain, Ms. Aradhya Chaturvedi and Ms. Vidhi Gupta, Advs. versus TITAGARH RAIL SYSTEMS LIMITED .....Respondent Through: Mr. Akhil Sibbal, Sr. Adv. with Mr. Rishi Agarwal, Ms. Aanchal Mullick, Mr. Daksh Arora, Ms. Shubhi Agarwal, Mr. Krishneshbapat and Mr. Manan Bansal, Advs. CORAM: HON'BLE MR. JUSTICE AVNEESH JHINGAN JUDGMENT 1. This petition under Section 34 of the Arbitration and Conciliation Act, 1996 (for short „the Act‟) is filed aggrieved of the arbitral award dated 05.08.2024 (hereinafter „the award‟). 2. The brief facts are that the petitioner issued a notice inviting tender for „Manufacture and Supply of BCNAHSM1 Wagons‟. The respondent was the successful bidder. On 30.09.2020 a contract valuing Rs.499,56,48,000/- for 1652 wagons was awarded. 2.1 There was a dispute between the parties with regard to re- fixation of the delivery period, the imposition of l