Disposed
M/S Zoom Communications Pvt. Ltd. v. M/S. Oriental Insurance Company Ltd.
Delhi HCOMP (ENF.) (COMM.)/226/2022
Case brief
AI extract
What is this about?
Decree-holder sought enforcement of an arbitral award dated 09.03.2022. Execution had been stayed by a coordinate bench in O.M.P. (Comm.) 433/2022 subject to deposit of the award amount, which the judgment-debtor complied with by depositing Rs. 5.22 crores. Holding that the execution petition would not lie during the stay, the court disposed of it with liberty to revive or file fresh execution aft
What did the court decide?
Execution petition disposed of with liberty to revive or file fresh execution after adjudication of O.M.P. (Comm.) 433/2022; no substantive relief granted at this stage.