Airports Authority of India vs. Brite-Aricon (Consortium)
Background
The Airports Authority of India had challenged an arbitral award in favour of a construction consortium, in a dispute that had been pending since 2016. The parties subsequently reached a Settlement Agreement in September 2026.
Decision Breakdown
In view of the settlement, the Airports Authority's counsel sought leave to withdraw the petition. The Court granted the withdrawal and dismissed the petition, while directing that both parties remain bound by the terms of their settlement agreement.
Lesson Learnt
Even long-pending arbitration disputes involving government bodies can be resolved by direct settlement between the parties at any stage, without needing a final court ruling on the original legal challenge.