(1.) The present petition has been filed under Sec. 34 of the Arbitration and Conciliation Act, 1996 (hereinafter 'the Act') on behalf of the claimant in the arbitration proceedings challenging the Award dtd. 7/1/2019 (hereinafter 'Impugned Award') passed by the Arbitral Tribunal.
(2.) The petitioner (claimant in the arbitration proceedings) shall hereinafter be referred to as 'Man Industries' and the respondent (respondent in the arbitration proceedings) shall hereinafter be referred to as 'GAIL'.
(3.) Brief facts leading to the present petition are as under: