J.K. International Pty Ltd v. The State Trading Corporation Of India Ltd.

$~ * IN THE HIGH COURT OF DELHI AT NEW DELHI Reserved on : 1st October, 2018 Date of decision :28th January, 2019 + OMP (ENF.) (COMM.) 45/2018 J.K. INTERNATIONAL PTY LTD ..... Petitioner Through:

Mr.

Sudhir Nandrajog, Senior Advocate with Mr. Sanjay Bansal & Mr. Ajay Chaudhary, Advocates versus THE STATE TRADING CORPORATION OF INDIA LTD.

..... Respondent Through:

Mr. Sandeep Sethi, Senior Advocate with Mr. Ram K. Watal, Advocate (M-98100316961).

CORAM:

JUSTICE PRATHIBA M. SINGH

JUDGMENT

Prathiba M. Singh, J.

1.

The present petition has been filed seeking enforcement of the award dated 3rd September, 2013, passed by a three-member arbitral tribunal by a 2:1 majority.

2.

O.M.P. 2/2014 is filed by the State Trading Corporation of India Ltd. (hereinafter, 'STC') under Section 34 of the Arbitration and Conciliation Act, 1996 (hereinafter 'the Act') challenging the award dated 3rd September, 2013 passed by a three member Arbitral Tribunal by a 2:1 majority. The majority award has been upheld with modifications in terms of the OMP (ENF.) (COMM.) 45/2018

judgement passed today in OMP 2/2014. Directions in respect of the payment to be made are contained in the said judgement. 3.

The present OMP is disposed of in terms of the judgement passed today in OMP 2/2014.

PRATHIBA M. SINGH, J.

JUDGE JANUARY 28, 2019/dk OMP (ENF.) (COMM.) 45/2018