Arbitration proceedings being delayed, HC imposes Rs 1 lakh cost on Reliance

WHILE DISMISSING a revision petition filed by it against an order passed by the lower court, the Punjab and Haryana High Court has imposed a cost of Rs 1 lakh on Reliance Infrastructure Limited in the matter pertaining to the arbitration proceedings of a pending dispute related to the Rajiv Gandhi Thermal Power Plant’s engineering, procurement and construction contract.

Justice Anil Kshetarpal in the order dated July 16, while taking note of the observations made by a coordinate bench in a connected matter, said it is apparent that Reliance has been trying to delay the disposal of the arbitration proceedings since 2016.