Punj Lloyd Limited v. The Oil And Natural Gas Corporation And ANR

41-ARBPL358-17.DOC ATUL

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION ARBITRATION PETITION (L) NO. 358 OF 2017 Punj Lloyd Ltd

...Petitioner

Versus

The Oil & Natural Gas Corporation & Anr

...Respondents

Mr Vineet Naik, Senior Advocate, with Waseem Pangarkar & Abhishek Gupta, i/ MZM Legal, for the Petitioner. Mr Zubin BehramKamdin, with Aziz Khan, Deepak Singh, & Promit Sengupta, i/b Divya Shah Associates, for Respondent No.

1.

CORAM: G.S. PATEL, J DATED:

2nd May 2017 PC:- 1.

Mr Naik on instructions seeks leave to withdraw the Arbitration Petition with liberty to move before the already constituted three-member Arbitral Tribunal for suitable relief. Leave granted with liberty as prayed. All contentions are expressly kept open.

2.

I note the statement made on behalf of the Respondent No. 1 by Mr BehramKamdin that the work of construction of the Control Room has already been entrusted to EIL (Engineers India Limited) today, i.e., 2nd May 2017.

2nd May 2017

41-ARBPL358-17.DOC 3.

The Arbitration Petition is disposed of in these terms with no order as to costs.

(G. S. PATEL, J.) 2nd May 2017