STATE OF PUNJAB vs MS OASIS TECHNOCONS LTD AND ANOTHER

130 IN THE HIGH COURT OF PUNJAB & HARYANA AT CHANDIGARH CR No.3886 of 2026 (O&M) Date of Decision:-07.05.2026 State of Punjab …..Petitioner. Versus M/s Oasis Technocons Ltd. & another .....Respondents. CORAM: HON’BLE MR. JUSTICE VIKRAM AGGARWAL ***** Present:- Mr. Somesh Arora, Addl. Advocate General, Punjab and Ms. Shiny Chopra, AAG, Punjab. VIKRAM AGGARWAL, J. (Oral) The instant revision petition, preferred under Article 227 of the Constitution of India, seeks a direction to the Court concerned, where the petition under Section 34 of the Arbitration and Conciliation Act, 1996 (hereinafter referred to as “the 1996 Act”) i.e. ARB case No.405 of 2019 titled as State of Punjab v. M/s Oasis Technocons is pending, to decide the same in a time bound manner. 2. Learned counsel for the petitioner submits that the Award was passed by the Arbitrator as far back as on 22.08.2019, pursuant to which, a petition under Section 34 of the 1996 Act was instituted in the Court of District Judge, Mohali in 2019 itself. He submits that notice of motion was issued vide order dated 19.11.2019 and counsel for respondent No.1 caused appearance on 03.02.2020. Learned counsel submits that the matter is YAG