Ncc Bgr Consortium v. Ntpc Limited
$~48 *
IN THE HIGH COURT OF DELHI AT NEW DELHI
+ OMP (ENF.) (COMM.) 231/2024, EX.APPL.(OS) 1714/2024 NCC BGR CONSORTIUM .....Decree Holder Through:
Mr. B. Suyodhan, Ms. Tatini Basu, Mr. G. Arun, Advs.
versus NTPC LIMITED .....Judgement Debtor Through:
Mr. Puneet Taneja, Mr. Manmohan Singh Narula, Mr. Anil Kumar, Mr.
Amit Yadav, Advs.
CORAM:
HON'BLE MR. JUSTICE JASMEET SINGH
O R D E R
% 25.10.2024 1.
This is a petition seeking enforcement of the Arbitral Award dated 08.02.2024 wherein the claims of the decree-holder have been allowed to the tune of Rs. 55,70,30,000 with interest of 12% per annum. 2.
Admittedly, the judgment-debtor has not preferred any objections against the Award dated 08.02.2024. Hence, the award has attained finality and is executable as a decree of the Court.
3.
Since the entire awarded amount with up-to-date interest has been deposited with the Registrar General, Delhi High Court, the same along with accrued up-to-date interest shall be released in favour of the decree-holder. 4.
With these directions, the execution stands satisfied. JASMEET SINGH, J OCTOBER 25, 2024/DM Click here to check corrigendum, if any 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 04/11/2024 at 11:16:17