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High Court of DelhiEX.P./343/2015

Magma Fincorp Limited v. M/S Shree Shyam Pulp & Board Mills Ltd & ORS

2017-01-04Hon'Ble Mr. Justice Vibhu Bakhru1 pages

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IN THE HIGH COURT OF DELHI AT NEW DELHI

+ EX.P. 343/2015 MAGMA FINCORP LIMITED ..... Decree Holder Through:

Mr Tanuj Agrawal and Mr Sumit Goswami, Advocates.

versus M/S SHREE SHYAM PULP & BOARD MILLS LTD & ORS ..... Judgement Debtors Through:

Ms Neeru Sharma, Advocate.

CORAM:

HON'BLE MR. JUSTICE VIBHU BAKHRU

O R D E R

% 04.01.2017 The present petition is filed for enforcement of the Arbitral Award dated 10.06.2014. It is seen that the amount involved is below the pecuniary jurisdiction of this Court and accordingly, the petition is required to be transferred to the District Court.

In view of this, let the matter be transferred to the Court of the Learned District & Sessions Judge, (South District), Saket Court, Delhi. List on 06.03.2017 before the concerned Court. VIBHU BAKHRU, J JANUARY 04, 2017 MK