(1.) This appeal filed under Sec. 37 of Arbitration and Reconciliation Act, 1966 (hereinafter referred as 'Arbitration Act') assails the order dtd. 25/6/2022 whereby the application preferred by the appellant under Sec. 9 of the Arbitration Act was rejected by the Court below.
(2.) In short, the admitted facts between the parties are that the appellant is a transporter and having licence and contract of plying 2 Oil Tankers. The terms and conditions to supply the tankers are specifically laid down.
(3.) The appellant's tankers were suspended by order dtd. 29/5/2021 (Annexure P/4). The same was followed by show cause notice dtd. 15/7/2021 (Annexure A/6). In turn, the appellant filed its reply to the show cause notice on 4/8/2021 (Anexure A/7) followed by reminder letter No.1 dtd. 5/9/2021 (Annexure A/8).