Delhi Metro Rail Corporation Ltd vs Kone Elevators India Pvt. Ltd on 22 November, 2021

1. The parties have filed these petitions impugning an arbitral award
dated 15.03.2021 delivered by an Arbitral Tribunal comprised of three
arbitrators (‘the Arbitral Tribunal’).

2. The impugned award was rendered in the context of disputes that
have arisen between the parties in connection with the contract whereby
Kone Elevator India Private Limited (hereafter ‘Kone’) had agreed to
supply, install and commission elevators, and Delhi Metro Rail
Corporation (hereafter ‘DMRC’) had agreed to purchase the same.

Source: Indian Kanoon

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