High Court of DelhiOMP (ENF.) (COMM.)/95/2016

Vls Finance Ltd v. Sunair Hotels Ltd & ORS.

2017-08-14Hon'Ble Mr. Justice Jayant Nath1 pages

$~OS-15 *

IN THE HIGH COURT OF DELHI AT NEW DELHI

+ OMP (ENF.) (COMM.) 95/2016 and CCP(O) 71/2016, IA No. 97519752/2016, 10514/2016 & 12166/2016 VLS FINANCE LTD ..... Petitioner Through Ms.Rakhi Ray and Mr.Ashok Sharma, Advs.

versus SUNAIR HOTELS LTD & ORS.

..... Respondents Through Mr.Nitesh Jain, Mr.Ishan Sanghi and Mr. Chaitnya Puri, Advs

CORAM:

HON'BLE MR. JUSTICE JAYANT NATH

O R D E R

% 16.08.2017 This matter is taken up today as 14.08.2017 was declared a holiday. This execution petition is filed seeking to execute the Award dated 18.07.2015.

The objections under Section 34 of the Arbitration and Conciliation Act, 1996 are pending against the Award. At this stage, the execution would not lie.

The petition is accordingly dismissed with liberty to the petitioner to file a fresh petition as per law.

JAYANT NATH, J AUGUST 16, 2017/rb