| Citation(s) |
|---|
| 2026 SLD 3224 |
Islamabad High Court
Civil revision no. 200/2023
Presented By: (Sardar Ejaz Ishaq Khan) Judge
19.03.2024 Mr. Hamza Siddiqui, learned counsel for the petitioner. Malik Zafar Abbas, learned counsel for the respondent.
Civil revision no. 200/2023
Presented By: (Sardar Ejaz Ishaq Khan) Judge
19.03.2024 Mr. Hamza Siddiqui, learned counsel for the petitioner. Malik Zafar Abbas, learned counsel for the respondent.
CRTG- Matracon JV
VERSUS
Federal Employees Benevolent Fund & Group Insurance Fund.
Law: Arbitration Act, 1940
Section: 8, 20
Summary
The petitioner (Contractor) filed an application under Section 8 of the Arbitration Act, 1940 seeking appointment of an arbitrator after the parties failed to agree on one following rejection of its claim for exchange rate/cost escalation by the Engineer under the construction contract.
The Additional District Judge (ADJ) dismissed the application by holding that the contract itself barred any claim based on exchange rate fluctuations, and therefore no arbitrable dispute existed.
The High Court set aside the ADJ's order and held that: