Finolex Cables Limited vs Mahanagar Telephone Nigam Ltd. … on 11 April, 2017

CORAM: JUSTICE S. MURALIDHAR

J UD G M E N T
11.04.2017

1. Finolex Cables Limited („FCL‟) has filed this petition under Section 34 of
the Arbitration and Conciliation Act, 1996 („Act‟) challenging an Award
dated 18th August 2009 by the sole Arbitrator in the disputes between FCL
and the Respondent Mahanagar Telephone Nigam Ltd. („MTNL‟) arising
out of an order dated 20th December 1990 placed by MTNL on FCL for
supply of U/S Jelly Filled Cable („JFC‟).

2. The aforementioned order was in respect of the following four sizes of
JFC:

OMP No. 746 of 2009 Page 1 of 23
Sl. Items Unit Price Total Price
No.
1. 20/6 Armoured U/s 65,102.00 9,76,530.00
Jelly Filled Cable
2. 50/6 Armoured U/s 1,08,852.50 10,88,525.00
Jelly Filled Cable
3. 400/6 Armoured U/s 5,84,820.00 23,39,280.00
Jelly Filled Cable
4. 2400/4 Armoured U/s 12,93,946.72 3,23,48,668. 00
Jelly Filled Cable

Conditions attached to the PO

Source: Indian Kanoon

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