Oriental Foundry Private Limited vs Union Of India & Anr
Judges (1)
Counsel (7)
Case Significance
Oriental Foundry Private Limited vs Union Of India & Anr is a Delhi High Court decision dated February 24, 2026 (citation: ik-142527574). Oriental Foundry filed a petition under Section 11(6) of the Arbitration and Conciliation Act for appointment of a sole arbitrator and simultaneously sought Section 9 interim measures to restrain invocation of bank guarantees worth Rs 7.2 crore in a dispute arising from a government supply contract. The Court appointed a sole arbitrator and converted the Section 9 interim petition into a Section 17 application to be decided by the arbitrator. The interim order staying encashment of the bank g The case was heard by Justice Harish Vaidyanathan Shankar.
Summary
Oriental Foundry filed a petition under Section 11(6) of the Arbitration and Conciliation Act for appointment of a sole arbitrator and simultaneously sought Section 9 interim measures to restrain invocation of bank guarantees worth Rs 7.2 crore in a dispute arising from a government supply contract. The Court appointed a sole arbitrator and converted the Section 9 interim petition into a Section 17 application to be decided by the arbitrator. The interim order staying encashment of the bank guarantees was continued until the learned arbitrator adjudicates the Section 17 application.
What was the outcome of Oriental Foundry Private Limited vs Union Of India & Anr?
Oriental Foundry filed a petition under Section 11(6) of the Arbitration and Conciliation Act for appointment of a sole arbitrator and simultaneously sought Section 9 interim measures to restrain invo...
Judgment
Read the full judgment on the official India Courts portal.
Read on Indian KanoonSource: Indian Kanoon (ik-142527574)