The Civil Miscellaneous Appeal was filed under Section 37(1)(b) of the Arbitration & Conciliation Act against the order passed in Arbitration O.P. No.86/2004 by the learned Principal District Judge, Cuddalore, dated 15.6.2009. The appellant, Neyveli Lignite Corporation Ltd., had floated a tender for the supply of Special Urea Grade 100 meters cold Drawn SS316L material and 10m Cold Drawn SS316L material of stainless steel seamless pipes. The respondent, Stewardss & Lloyds India Ltd., submitted its offer stipulating that the materials would be imported from Italy with a delivery period of 14 to 16 weeks from the date of receipt of Letter of Intent or purchase order. The respondent accepted to supply the material at the rate of Rs.21.96 Lakhs. A Letter of Intent
…Neyveli Lignite Corporation Ltd. (appellant) floated a tender for the supply of Special Urea Grade 100 meters cold Drawn SS316L material and 10m Cold Drawn SS316L material of stainless steel seamless pipes. Stewardss & Lloyds India Ltd. (respondent) submitted an offer stipulating that the materials would be imported from Italy with a delivery period of 14 to 16 weeks from the date of receipt of Letter of Intent or purchase order. The appellant accepted the respondent's offer to supply the material at Rs.21.96 Lakhs. A Letter of Intent was issued, and a purchase order was issued agreeing that the supply would be effected within 12 to 16 weeks from the date of Letter of Intent, with the supply to be completed before 31.7.1998. The respondent failed to supply the
…Sign in to view the parties.
Order passed in Arbitration O.P. No.86/2004…
Letter of Intent issued…
The Civil Miscellaneous Appeal was filed under Section 37(1)(b) of the Arbitration & Conciliation Act against the order passed in Arbitration O.P. No.86/2004 by the learned Principal District Judge, Cuddalore, dated 15.6.2009. The appellant, Neyveli Lignite Corporation Ltd., had floated a tender for the supply of Special Urea Grade 100 meters cold Drawn SS316L material and 10m Cold Drawn SS316L material of stainless steel seamless pipes. The respondent, Stewardss & Lloyds India Ltd., submitted its offer stipulating that the materials would be imported from Italy with a delivery period of 14 to 16 weeks from the date of receipt of Letter of Intent or purchase order. The respondent accepted to supply the material at the rate of Rs.21.96 Lakhs. A Letter of Intent
…Neyveli Lignite Corporation Ltd. (appellant) floated a tender for the supply of Special Urea Grade 100 meters cold Drawn SS316L material and 10m Cold Drawn SS316L material of stainless steel seamless pipes. Stewardss & Lloyds India Ltd. (respondent) submitted an offer stipulating that the materials would be imported from Italy with a delivery period of 14 to 16 weeks from the date of receipt of Letter of Intent or purchase order. The appellant accepted the respondent's offer to supply the material at Rs.21.96 Lakhs. A Letter of Intent was issued, and a purchase order was issued agreeing that the supply would be effected within 12 to 16 weeks from the date of Letter of Intent, with the supply to be completed before 31.7.1998. The respondent failed to supply the
…Order passed in Arbitration O.P. No.86/2004…
Letter of Intent issued…