Justices C.V. Karthikeyan and K. Kumaresh Babu allowed an appeal filed by X-Press Container Lines challenging an order dated September 17, 2020 that had set aside the arbitral award dated January 17, 2009. “In view of all these reasons, we set aside the order of the learned Single Judge and restore the award of the Arbitral Tribunal on the same terms granted by the Tribunal. The judgment of the learned Single Judge in O.P.No.511 of 2009 dated 17.09.2020 is set aside.”, the bench observed.

[16/03, 11:58] sekarreporter1: “Justices C.V. Karthikeyan and K. Kumaresh Babu allowed an appeal filed by X-Press Container Lines challenging an order dated September 17, 2020 that had set aside the arbitral award dated January 17, 2009.

“In view of all these reasons, we set aside the order of the learned Single Judge and restore the award of the Arbitral Tribunal on the same terms granted by the Tribunal. The judgment of the learned Single Judge in O.P.No.511 of 2009 dated 17.09.2020 is set aside.”, the bench observed.

Also Read – Delhi High Court Upholds Setting Aside Of Arbitral Award, Says Tribunal Rewrote Contract In JSW-GAIL Dispute
The dispute arose from a Berth Reservation Agreement dated January 18, 1995, under which the shipping company was permitted to use berth facilities at the Chennai Port for container handling operations until September 24, 1997.”
https://www.livelawbiz.com/arbitration/madras-high-court-directs-chennai-port-trust-to-pay-121-crore-to-x-press-container-lines-in-arbitration-dispute-526497#:~:text=Justices%20C.V,September%2024%2C%201997.
[16/03, 11:58] Meta AI: Madras High Court restored the 2009 arbitral award, directing Chennai Port Trust to pay ₹121 crore to X‑Press Container Lines in the berth‑reservation dispute.