FAL OIL COMPANY LTD. versus PAKISTAN STATE OIL COMPANY LTD.
Sections 3 and 6 Civil Procedure Code (v. 1908), Section 151, OX, RR6 and 10 Interim Relief by Enforcement of Foreign Awards, Order to Prevent Approval of Performance Bonds Demand was to supply oil to the plaintiff company And Performance Bonds issued by a Scheduled Bank operating in Pakistan in connection with the supply raised some disputes between the parties regarding the supply of oil and the defendants terminated the agreements to ensure timely delivery. The plaintiff also requested the London Court of International Arbitration's jurisdiction, and The defendants also became defendants. The arbitrator filed his award and found the plaintiff in breach of contract and awarded some money in connection with the defendant's other reasonable legal costs. The plaintiff sought to restrict the performance bonds that were awarded by the arbitrator. It was funded by the award. It provided two sets of arbitration proceedings before legal arbitration in court, one in respect of disputes over important oil-supply agreements, which came under the arbitration agreements contained in the central contract, The second set of proceedings was whether the arbitration agreements themselves were violated. In the first set of arbitration proceedings before the same arbitration, the arbitrator also dismisses the plaintiff's claim and the defendant's claim as well. In relation to the second set of proceedings, the arbitrator concluded that the plaintiff was in breach of the arbitration agreements in filing a lawsuit and the defendant owed some money to the arbitrator.
Related judgments — Karachi High Court Sindh, 2014
