Ppn Power Generating Company Limited vs Ppn (Mauritius) Company And Ors. on 5 July, 2004
The CLB would decline any discretionary remedy only when "material facts" are suppressed and untrue and misleading statements are by the applicant and therefore the decision of the apex court is Udai Chand v. Shankar Lal (Supra) is not applicable to the facts of this case, more so when the written request made before the ICC Arbitral Tribunal invoking the arbitration clause under the PPA, is already produced before the CLB. The correspondence which was said to be suppressed were already made available at the time of hearing. The applicant cannot be declined any discretionary relief, in the absence of any untrue and misleading statement made by them.