Dismissed

M/S Transstroy (India) Pvt. Ltd. Hyderabad v. National Highways Authority of India & Anr.

Delhi HC30 Jan 2024OMP (ENF.) (COMM.)/25/2024

Case brief

AI extract

What is this about?

The Delhi High Court dismissed an execution petition seeking enforcement of an arbitral award because the judgment-debtor had filed objections under Section 34 of the Arbitration and Conciliation Act, 1996, staying the award's operation. The court granted liberty to revive the petition once the Section 34 application is decided.

What did the court decide?

The execution petition was dismissed with liberty to the decree-holder to revive the petition once the Section 34 application is decided.

M/S Transstroy (India) Pvt. Ltd. Hyderabad Vs… — Execution and Attachment | Delhi HC (2024)

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$~43

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IN THE HIGH COURT OF DELHI AT NEW DELHI

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- OMP (ENF.) (COMM.) 25/2024

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M/S TRANSSTROY (INDIA) PVT LTD HYDERABAD

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..... Decree Holder

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Through: Mr. Shivvinayak Gupta, Ms. Sheena Taqui, Ms. Akansha Saini, Ms. Bina Gupta, Advs.

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versus

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NATIONAL HIGHWAYS AUTHORITY OF INDIA & ANR.

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..... Judgement Debtors

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Through: Mr. CS Chauhan, Adv.

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CORAM:

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HON'BLE MR. JUSTICE JASMEET SINGH

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O R D E R % 30.01.2024

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EX.APPL.(OS) 153/2024

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Exemption is granted, subject to all just exceptions.

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The petitioner shall file legible and clearer copies of exempted documents, compliant with practice rules, before the next date of hearing.

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The application is disposed of.

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OMP (ENF.) (COMM.) 25/2024

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This is an execution petition seeking enforcement of the award dated 25.08.2023, wherein a sum of Rs. 59,53,28,891/- along with 10% interest from the date of award has been awarded in favour of the decree-holder.

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The learned decree-holder states that the judgment-debtor has filed objections u/s 34 of the Arbitration and Conciliation Act, 1996, wherein the

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This is a digitally signed order. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 30/07/2024 at 12:50:24

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operation of the award has been stayed.

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For the said reasons, the execution petition, as of today is not maintainable and the same is dismissed with liberty to the decree-holder to revive the petition as and when Section 34 petition is decided.

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The petition is dismissed with liberty as aforesaid.

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JASMEET SINGH, J

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JANUARY 30, 2024/DM Click here to check corrigendum, if any

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This is a digitally signed order.

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The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 30/07/2024 at 12:50:24

M/S Transstroy (India) Pvt. Ltd. Hyderabad v. National Highways Authority of India & Anr.

Case brief

What is this about?

What did the court decide?

M/S Transstroy (India) Pvt. Ltd. Hyderabad v. National Highways Authority of India & Anr.

Case brief

What is this about?

What did the court decide?

What the court decided

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Issues for consideration

Statutes considered

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