Dismissed
Shiv Shankar v. Kogta Financial India Ltd. & Ors.
Delhi HCFAO (COMM)/157/2022
Case brief
AI extract
What is this about?
This court disposed of an appeal against the rejection of an application to set aside an arbitral award. Recognizing that the respondent would not enforce the award based on a recent Supreme Court decision, the court declared the award unenforceable while clarifying that the respondent can pursue claims in other proceedings.
What did the court decide?
Directed that the impugned arbitral award dated 19.02.2020 will no longer be enforceable. This order does not preclude the respondent from raising claims in other proceedings.