Oil And Natural Gas Corporation Ltd v. Sapura Fabrication Sdn Bhd

Megha 38_carbp_720_24.docx

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION INTERIM APPLICATION (L) NO.34829 OF 2024 IN COMMERCIAL ARBITRATION PETITION NO.720 OF 2024 Oil and Natural Gas Corporation Ltd.

...Petitioner

V/s.

Sapura Fabrication SDN BHD

...Respondent

______________ Mr. Zubin Behramkamdin, Senior Advocate with Ms. Arundhati Korale, Ms. Sana Khan and Ms. Bijal Parekh i/b. M/s. Jurisperitus for the Petitioner.

Mr. Naresh Thakcer with Mr. Alok Jain, Ms. Ria Garg, Mr. Mihir Beradia, Ms. Vanshika Kainya i/b Mr. Samarth Pawan Saxena for the Respondent.

______________ CORAM: SANDEEP V. MARNE, J.

DATED: 1 DECEMBER 2025.

P.C.:

1) This is an Application seeking stay of the Arbitral Award dated 4 May 2024. Mr. Behramkamdin, the learned Senior Advocate appearing for the Applicant/Petitioner makes a statement that the Petitioner shall deposit the entire awarded sum together with interest in this Court within a period of eight weeks. Statement is accepted. 2) Registry to invest the deposited amount in interest bearing deposits. Subject to deposit being made, there shall be stay to the Page No.

1 of 1 December 2025

Megha 38_carbp_720_24.docx execution and operation of the Award dated 4 May 2024 during pendency of the Arbitration Petition.

3) Interim Application is accordingly disposed of. 4) List the Arbitration Petition for hearing on 10 February 2026.

[SANDEEP V. MARNE, J.] Signed by: Megha S. Parab Designation: PA To Honourable Judge Date: 02/12/2025 10:49:43 Page No.

2 of 1 December 2025