Technology Information Forecasting ... vs Strategic Engineering Pvt. Ltd. & Anr
Judges (1)
Counsel (5)
Case Significance
Technology Information Forecasting ... vs Strategic Engineering Pvt. Ltd. & Anr is a Delhi High Court decision dated December 20, 2025 (citation: ik-86349973). Cross petitions were filed under Section 34 of the Arbitration and Conciliation Act by TIFAC and Strategic Engineering challenging an arbitral award dated 14.12.2019 arising from a Technology Development Agreement for manufacturing products using taxpayer funding. The court found that TIFAC's claim of Rs 2.22 crore for alleged misuse of public funds was based on a patently illegal finding contrary to the terms of the TDA, and that all findings were interconnected and not severable. The entire The case was heard by Justice Jasmeet Singh. Counsel appearing: A. K. Thakur (counsel for respondent), D. Bhattacharya (counsel for petitioner), Ningthem Oinam (counsel for respondent), Rishi Raj (counsel for respondent), Sujeet Kumar (counsel for respondent).
Summary
Cross petitions were filed under Section 34 of the Arbitration and Conciliation Act by TIFAC and Strategic Engineering challenging an arbitral award dated 14.12.2019 arising from a Technology Development Agreement for manufacturing products using taxpayer funding. The court found that TIFAC's claim of Rs 2.22 crore for alleged misuse of public funds was based on a patently illegal finding contrary to the terms of the TDA, and that all findings were interconnected and not severable. The entire arbitral award was set aside, rendering SEPL's cross-petition infructuous.
What was the outcome of Technology Information Forecasting ... vs Strategic Engineering Pvt. Ltd. & Anr?
Cross petitions were filed under Section 34 of the Arbitration and Conciliation Act by TIFAC and Strategic Engineering challenging an arbitral award dated 14.12.2019 arising from a Technology Developm...
Judgment
Read the full judgment on the official India Courts portal.
Read on Indian KanoonSource: Indian Kanoon (ik-86349973)