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2. In challenging the aforesaid order of the court below, in turn, the appellant is aggrieved by the award of the Arbitrator dated 26th November 2019, passed in Arbitration Case No.51 of 2019.

2.1 The arbitral disputes arose from the Settlement Agreement dated 15th July 2016 between the parties, the details of which are referred to in the subsequent paragraphs. The claim of the respondent-Mphasis Ltd. (hereinafter referred to as the 'claimant') before the Arbitral Tribunal was divided into following,

(v) The claimant is entitled to costs.

(vi) Stamp duty is payable as per Karnataka Stamp Act."

Arbitration Disputes

3. As stated above, genesis and the basis of the dispute which arose between the parties was Settlement Agreement dated 15th July 2016. Noticing the facts in this regard standing in the background, the bids were invited by National Institute of Electronics and Information Technology (NIELIT), which is an autonomous scientific body of the Department of Electronics, Ministry of Communication, for the Data Digitalization Services for Creation of Aadhaar Enrolment and National Population Register For the Residents of Rural Area, in which bid process, the appellant herein was selected as successful bidder. The respondent-Mphasis Ltd. (hereinafter referred to as the 'claimant') entered into agreements for purchase in respect of the portions of work carried out in the States of Karnataka, Uttar Pradesh and Bihar.

Settlement Agreement 3.4 Before proceeding further, the Settlement Agreement in relation to which the disputes arose between the parties, may be reproduced for ready reference,

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"SETTLEMENT AGREEMENT This SETTLEMENT AGREEMENT is made and executed on this the 15th day of July, 2016 by and between:
MPHASIS LIMITED, a Company incorporated under the provisions of the Companies Act, 1956, having its registered office at Bagmane Technology Centre, K.R. Puram, WTC 3, Block B, 1st Floor, Marthahalli Outer Ring Road Doddenekundi, Bengaluru - 560 048, hereinafter referred to as "Mphasis", which expression shall mean and include its successors and assigns, represented by its Authorised Representative, Mr. Hemanth Ananth Ram, Vice President - Legal & Deputy General Counsel;

3.4.3 Out of such payments which may be credited in the Escrow Account, Rs.4 crores shall be the first set off in favour of

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the claimant who had agreed to pay the said amount as stated above. The amount remaining thereafter was agreed to be allocated and shared within the Mphasis and Strategic Outsourcing Services Pvt. Ltd., in the ratio of 61% and 39% respectively, which was condition No.3 in the Settlement Agreement. Condition No.4 contemplated that in view of the final settlement arrived at between the parties, both the parties shall forfeit all or any other claims against each other, arising on account of the projects.