Oil And Natural Gas Corporation Ltd v. Newton Engineering And Chemicals Limited

908-CARBA.1.2026.doc JVS.

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION COMMERCIAL ARBITRATION APPEAL NO. 1 OF 2026 IN COMMERCIAL ARBITRATION PETITION NO. 648 OF 2021 WITH INTERIM APPLICATION NO. 865 OF 2026 Digitally signed by JAYANT VISHWANATH SALUNKE Date:

2026.04.04 18:29:32 +0530 JAYANT VISHWANATH SALUNKE Oil and Natural Gas Corporation Limited } Petitioner

Versus

Newton Engineering and Chemicals Limited } Respondent Mr. Navroz Seervai, Senior Advocate with Mr. Vishal Kanade, Mr. Anagh Pradhan, Ms. Aneesha Munshi, Mr.Anand Iyer & Ms. Palak Jain i/b. Divya Shah Associates, Advocates for the Appellant.

Mr. Mayur Khandeparkar with Mr. Bernardo Reis & Mr.Pratik Dixit i/b. Dr. Prem S. Motiramani, Advocates for Respondent.

CORAM:

SHREE CHANDRASHEKHAR, CJ. & GAUTAM A. ANKHAD, J.

DATE:

27th MARCH 2026 P.C.:

Mr. Navroz Seervai, the learned senior counsel for the appellant concluded his rejoinder submissions. The learned senior counsel tendered notes and inter alia contended that the impugned judgment dated 17th October 2025 (as modified by order dated 28th October 2025) is liable to be set aside and the matter may be sent back for a reconsideration of the petition under section 34 of the Arbitration and Conciliation Act, 1996.

2.

Judgment is reserved.

[GAUTAM A. ANKHAD, J.] [CHIEF JUSTICE]