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The HC also allowed the state-owned telecom operator to go for arbitration proceedings again.
ISHA had earlier moved the court against BSNL’s claim statement for recovery of an aggregate sum of Rs 2,50,47,462 towards the value of two invoices generated for December 2018 and January 2019, and it was disposed of by appointing a sole arbitrator.
The tribunal later concluded that Isha has to pay Rs 22,000 each for the two relevant months in the respective years.
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”In the result, the Award is set aside. As a corollary, the petitioners are granted leave to institute de novo arbitration proceedings. If such proceedings are instituted, the petitioners shall be entitled to the benefit of Section 43(4) of the Arbitration Act…” he said.