Calcutta High Court Allows Appeal Against Single Bench Order Partially Upholding Arbitral Award In Favour Of Reliance Infrastructure Limited
The Calcutta High Court has recently admitted appeals against an order which partially upheld an arbitral award in favour of Reliance Infrastructure Limited ("RIL") against Damodar Valley Corporation ("DVC").A division bench of Justice IP Mukherji and Justice Biswaroop Chowdhury admitted appeals preferred by both DVC and RIL, against the judgement of a single judge which had partially upheld...
The Calcutta High Court has recently admitted appeals against an order which partially upheld an arbitral award in favour of Reliance Infrastructure Limited ("RIL") against Damodar Valley Corporation ("DVC").
A division bench of Justice IP Mukherji and Justice Biswaroop Chowdhury admitted appeals preferred by both DVC and RIL, against the judgement of a single judge which had partially upheld the validity of the impugned award, and had directed the DVC to furnish the same to RIL, in the matter of construction of thermal power plants in Raghunathpur.
The single bench had also set aside certain aspects of the impugned award, which it found "patently illegal."
In finding merit in the submissions of the appellants, the Bench observed that it would hear out the appeal expeditiously.
Accordingly, it directed the filing of informal paper books and listed the matter for further consideration on 24th or 25th January 2024.
Court recorded that both parties had submitted that they would maintain status quo till the disposal of the appeal.
Case: Reliance Infrastructure Ltd. v DVC
Case No: AP 428 OF 2023