STATE OF PUNJAB vs MS OASIS TECHNOCONS LTD AND ANOTHER

IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH 127 CR-3795-2026 (O&M) Date of Decision: 05.05.2026 State of Punjab … Petitioner V/s M/s Oasis Technocons Ltd. and another …Respondents CORAM : HON’BLE MR. JUSTICE VIKRAM AGGARWAL Present: Mr. Somesh Arora, Additional 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 a petition under Section 34 of the Arbitration and Conciliation Act, 1996 (hereinafter referred to as “the 1996 Act”) i.e. ARB case No.404 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 thereafter being