LAWS(DLH)-2021-4-46

SPML INFRA LTD. Vs. NTPC LIMITED

Decided On April 08, 2021
Spml Infra Ltd. Appellant
V/S
NTPC LIMITED Respondents

JUDGEMENT

(1.) The petitioner, SPML Infra Ltd. (hereafter 'SPML') is a company incorporated under the Companies Act, 1956 and undertakes civil engineering works.

(2.) The respondent (hereafter 'NTPC') is a public sector undertaking and is largely involved in commissioning and operation of thermal power plants.

(3.) Spml has filed the present petition under Section 11 of the Arbitration and Conciliation Act, 1996 (hereafter the 'A&C Act'), inter alia, praying that an Arbitral Tribunal be constituted to adjudicate the disputes that have arisen between the parties in relation to the Contract Agreement being "01/CS-3530-131-2R-FC-COA-5288 & 5299" dated 22.06.2009 in respect of a Project for "Installation Services for Station Piping Package for Simhadri Super Thermal Power Project Stage II (2X500 MS) at NTPC Simhadri, Vishakapatnam" (hereafter the 'Contract Agreement').