HIGH VALUE ARBITRATION DISPUTES SUCCESSFULLY HANDLED
Acted as lead counsel and succeeded in getting an arbitration award for US$ 45 million / INR 360 crores. The dispute related to an EPC contract for construction of Chambal Bridge.
Successfully represented an Indian Company for enforcement of an arbitration award for INR 120 crores against Dedicated Freight Corridor Corporation Limited. for construction of 54 Railway bridges.
Acted as lead counsel and succeeded in getting an arbitration award for a Malaysian company in excess of US$ 135 million. The dispute related to construction of four laning of National Highway under DBFOT basis.
Successfully acted as lead counsel for a US Company in the enforcement of a foreign award under the AAA Rules before the Supreme Court of India.
Acted as lead counsel and succeeded in getting an arbitration award for US$45 million for a Korean company. in an arbitration under SIAC Rules in Singapore in relation to construction of a National Highway.
Acted as lead counsel and succeeded in getting an arbitration award for US$ 90 million / INR 600 crores. The dispute related to construction of four laning of a State Highway under DBFOT basis.
Rautray & Co. has won a high value arbitration Award for a total value of Rs. 900 crores (+) / US$ 110 million and a claim for more than 3 years extension of concession period, for a major construction company in relation to augmentation of an existing road with Six Laning. The total stretch of the Project Highway was Km 93.56 constructed on Design, Build, Finance, Operate and Transfer (“DBFOT”) basis with a concession period of 18 years.