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2025 DAILYLAW 16580 (AP)

BSCPL INFRASTRUCTURE LIMITED v. THE AMARAVATI DEVELOPMENT CORPORATION LIMITED

ARBAPPL/13/2024 · 2025-02-07

Dhiraj Singh Thakur

body2025

Judgment text

Extracted from the PDF above. The PDF is authoritative.

IN THE HIGH COURT OF ANDHRA PRADESH AT AMARAVATI FRIDAY, THE SEVENTH DAY OF FEBRUARY TWO THOUSAND AND TWENTY FIVE PRESENT HON’BLE SRI JUSTICE DHIRAJ SINGH THAKUR, CHIEF JUSTICE ARBITRATION APPLICATION No.13 of 2024 Between: BSCPL Infrastructure Limited, having its office at 8-2-502/1/A, JIVI Towers, Road No.7, Banjara Hills, Hyderabad, rep. by its Project In charge N. Kalyan, S/o. Vijaya Kumar, aged 41 years. Presently residing at Chilakaluripeta By-pass Road, Sy.No.179/B & 196/B, Boppudi Village, Chilakaluripeta, Guntur District-522626. ...APPLICANT AND The Amaravati Development Corporation Limited, Rep. by its Chairman and Managing Director, Lotus Landmark, Vijayawada, Andhra Pradesh- 520008. ...RESPONDENT Application filed under Section 11 (5) & (6) of the Arbitration and Conciliation Act, 1996 read with Para (3)(i)(c) and (d) of Scheme for appointment of Arbitrators, 1996 as framed by Hon'ble High Court of Andhra Pradesh and under Clause 24.4 of the General Conditions of Contract contained in the Contract of Agreement, dated 22.03.2017, entered by the Applicant and the Respondent herein for Construction of N4 Road Venkatapalem to Navuluru (Southern boundary length 7.17 KM and Construction of N14 Road near Borupalem to Sakhamur (Southern Boundary near r Length 8.27 KM, Package-Ill in AP New Capital, Amaravati, for resolving the dispute between the Applicant and the respondent for an amount of Rs. 173,95,56,070/-. Counsel for the Petitioner : SRI MADHAVA RAO NALLURI Counsel for the Respondent : MS MYTHRI REDDY REPRESENTING ON BEHALF OF MS S PRANATHI The Court made the following ORDER : Bench Sr.No:-12 [3441] APHC010220702024 IN THE HIGH COURT OF ANDHRA PRADESH AT AMARAVATI ARBITRATION APPLICATION NO: 13 of 2024 ...Applicant BSCPL Infrastructure Limited Vs. ...Respondent The Amaravati Development Corporation Limited ********** Sri Madhava Rao Nalluri Advocate for applicant Advocate for respondent Ms. Mythri Reddy, learned counsel representing Ms. S. Pranathi. CORAM :THE CHIEF JUSTICE DHIRAJ SINGH THAKUR DATE : 7th February 2025 P C : Learned counsel for the applicant states that after filing the present application, a fresh Memorandum of Understanding (M.O.U.) has been entered into between the parties on 02.12.2024 and in view of that, the application is sought to be withdrawn. Copy of the M.O.U. is also filed. Accordingly, the Arbitration Application is dismissed as withdrawn. No order as to costs. Pending miscellaneous applications, if any, shall stand closed. SD/- S.V.S.R.MURTHY JOINT REGISTRAR //TRUE COPY// SECTION OFFICER To 1. The Amaravati Development Corporation Limited, Rep. by its Chairman and Managing Director, Lotus Landmark, Vijayawada, Andhra Pradesh- 520008. V ✓ r. 2. One CC to Sri Madhava Rao Nalluri, Advocate [OPUC] 3. One CC to Sri S Pranathi, Advocate [OPUC] 4. Three CD Copies TK TAG HIGH COURT DATED:07/02/2025 ORDER ARBAPPL.No.13 of 2024 5 ^ 8 FEB 2025 ^ ^ ^ Current Section ■ DISMISSING THE ARBITRATION APPLICATION AS WITHDRAWN