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1. This is an application under Section 9 of the Arbitration & Conciliation Act, 1996 (hereinafter referred to as "Act of 1996").

2. The applicant HBA Offshore Pte. Ltd. is a company incorporated under the laws of Singapore having its registered office at Singapore, while the respondent- Samsung Heavy Industries India Private Limited is a Company incorporated under the provisions of Indian Companies Act, 1956 (hereinafter referred to as "Act of 1956") having its registered office at Sector 62, Noida (UP).