ATLANTA INFRA ASSETS LIMITED vs NATIONAL HIGHWAYS AUTHORITY OF INDIA

Judgment text excerpt

$~J * IN THE HIGH COURT OF DELHI AT NEW DELHI Judgment reserved on: 15.01.2026 Judgment pronounced on: 26.05.2026 + O.M.P. (COMM) 152/2022 ATLANTA INFRA ASSETS LIMITED .....Petitioner Through: Dr. Amit George, Mr. Chirag Shroff, Mr. Dhananjay Kataria, Mr. Bhrigu A. Pamidighantam, Ms. Ibansara Syiemlieh, Mr. Adhishwar Suri, Mr. Dushyant K. Kaul, Mr. Shivam Parashar, Ms. Rupam Jha, Ms. Medhavi Bhatia, Mr. Vaibhav Gandhi, Mr. Kartikay Puneesh, Advs. versus NATIONAL HIGHWAY AUTHORITY OF INDIA .....Respondent Through: Mr. Mritunjay Kumar Singh, Ms. Tanya Singh, Ms. Srishti, Mr. Uday Chaudhary, Mr. Mukesh Rawat Kumar Mr. Amit, Advs. + O.M.P. (COMM) 243/2022 NATIONAL HIGHWAY AUTHORITY OF INDIA .....Petitioner Through: Mr. Mritunjay Kumar Singh, Ms. Tanya Singh, Ms. Srishti, Mr. Uday Chaudhary, Mr. Mukesh Rawat Kumar Mr. Amit, Advs. versus ATLANTA INFRA ASSETS LIMITED .....Respondent Through: Dr. Amit George, Mr. Chirag Shroff, Mr. Dhananjay Kataria, Mr. Digitally Signed By:MAYANK Signing Date:26.05.2026 O.M.P. (COMM) 152/2022 & O.M.P. (COMM) 243/2022 Page 1 of 46 20:30:27 Bhrigu A. Pamidighantam, Ms. Ibansara Syiemlieh, Mr. Adhishwar Suri, Mr. Dushyant K. Kaul, Mr. Shivam Parashar, Ms. Rupam Jha, Ms. Medhavi Bhatia, Mr. Vaibhav Gandhi, Mr. Kartikay Puneesh, Advs. CORAM: HON'BLE MR. JUSTICE JASMEET SINGH JUDGMENT 1. These are cross petitions filed under section 34 of the Arbitration and Conciliation Act, 1996 (“the Act”) seeking to challenge the Arbitral Award dated 16.11.2021 (“impugned Award”)-majority view, passed by the learned Arbitral Tribunal (“AT”), in the matter of Arbitration between M/s Atlanta Infra Assets ltd. v. National Highway Authority of India. 2. Both the parties have preferred their respective petitions to challenge the impugned Award, to the extent they are