(1.) THE petitioner has filed this application for setting aside of an award under Section 34 of the Arbitration and Conciliation Act, 1996 (hereinafter referred to as the "said Act").
(2.) THE arbitration proceeding is arising out of a tripartite settlement arrived at between the parties on 17th February, 2005. The learned Arbitrator in the said reference had also passed an interim award which is, however, not subject matter of challenge in this proceeding.
(3.) THE petitioner has challenged the award in so far as it relates to the execution of the work under three different work orders at the Gurgaon office of the petitioner executed under the work orders being Nos: - (I) HO/04/CE(1)/018 Dated 04.03.2004 amounting to Rs.2,70,61,540/ - (II) HO/04/CE(D)/ 39 Dated 13.04.2004 amounting to Rs.1,00.83,750/ - (III) HO/04/CE/060 Dated 28.06.2004 amounting to Rs.18,59,547/ -
ABOUT US "REGENT COMPUTRONICS PVT. LTD." is a Company incorporated in 1991 under the provisions of the Companies Act, 1956. Since its inception to 1995, the Company was busy in carrying out the activities related to various Banks' Job Work..
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