Sunagro Seeds Pvt. Ltd. vs National Seeds Corporation Ltd. on 1 February, 2016

1. Limited challenge was made by the appellant to an award dated
February 16, 2015 passed by the learned sole Arbitrator. Counter claim by
the respondent for damages in sum of `1,38,58,650/- (Rupees One Crore
Thirty Eight Lacs Fifty Eight Thousand Six Hundred and Fifty only)
awarded by the learned Arbitrator was challenged. The appellant was
unsuccessful in the challenge to the award. Vide impugned decision dated
May 06, 2015 OMP No.291/2015 filed by the appellant under Section 34 of
the Arbitration and Conciliation Act, 1996 has been dismissed.
2. It is not in dispute that the appellant had indented for 1075 quintals of
onion seeds with the respondent and only 394 quintals were lifted. 681
quintals remained un-lifted. Agreed price was `300/- per kg.

Source: Indian Kanoon

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