M/S Technofab Engineering Ltd v. Steel Authority Of India Ltd.

$~31 *

IN THE HIGH COURT OF DELHI AT NEW DELHI

+ OMP (ENF.) (COMM.) 79/2023 M/S TECHNOFAB ENGINEERING LTD ..... Decree Holder Through:

Mr. Ravi Ranjan and Mr. Nishant Gaurav, Advs.

Versus

STEEL AUTHORITY OF INDIA LTD.

..... Judgement Debtor Through:

Mr. Alakh Kumar, Adv.

CORAM:

HON'BLE MR. JUSTICE JASMEET SINGH

O R D E R

% 30.04.2024 1.

It is stated by Mr. Kumar, learned counsel for the judgment debtor that the judgment dated 19.03.2024 in Misc Case (Arb.) No. 03/2021 (renumbered as Misc. Arb (Com) 18/2021) where the section 34 petition filed by judgment debtor was dismissed has been challenged in appeal under Section 37 of the Arbitration and Conciliation Act, 1996 which is likely to be listed soon.

2.

I am of the view that there is no ground to delay the payment of the awarded amount.

3.

For the said reasons, the judgement debtor shall make the payment of the awarded amount with up-to-date interest to the decree holder within two weeks from today, in case the award is not stayed, varied or modified. 4.

With these directions, the execution is disposed of granting liberty to 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 03/05/2024 at 12:58:14

the decree holder to revive the execution petition, in case the need so arises. JASMEET SINGH, J APRIL 30, 2024/NG 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 03/05/2024 at 12:58:14