Disposed¶4
Oriental Insurance Co.Ltd. v. M/S Oceanic Solvent Industries Ltd.
Delhi HCO.M.P. (COMM)/109/2020
Case brief
AI extract
What is this about?
Oriental Insurance Co.Ltd. v. M/S Oceanic Solvent Industries Ltd., O.M.P. (COMM) 109/2020, Delhi High Court, Subramonium Prasad J., order dated 26.02.2026 — return of arbitration petition for want of pecuniary jurisdiction; principal claim Rs.56,97,143/- below Rs. 2 crores threshold; refiling before court of appropriate jurisdiction; benefit of time spent before High Court for limitation; disposed of with pending applications.
What did the court decide?
Petition returned to the Petitioner to enable filing before the Court of appropriate jurisdiction, with the time spent before this Court to be counted towards limitation; petition disposed of along with pending application(s), if any. ¶4