1. This is a Petition under Section 9 of the Arbitration and Conciliation
Act, 1996, post passing of the arbitral award dated 10.11.2024 by which the
Petitioner has been awarded USD 10,28,727.90 along with interest @ 11
p.a. from the due date of payment till the date of award and further interest
@ 9% p.a. from the date of the award till realization of the amount in terms
of the award.
Signature Not Verified
Digitally Signed Page 1 of 25 O.M.P.(I) (COMM.) 429/2024
2. Notice in the present Petition was issued on 20.12.2024. The
Respondents have filed a Petition under Section 34 of the Arbitration and
Conciliation Act, 1996, before the High Court of Gujarat at Ahemdabad
challenging the award dated 10.11.2024 on 24.01.2025, which was after the
Respondents were served with the notice in the present Petition under
Section 9 of the Arbitration and Conciliation Act. Response has been filed
and a preliminary objection has been raised by the Respondents in their
counter, that this Court does not have the territorial jurisdiction to entertain
the present Petition which is being adjudicated by the Court in the
procedural order.
