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High Court of DelhiEFA(OS) (COMM)/16/2018

Indian Oil Corporation Ltd v. Larsen & Toubro Ltd

2018-11-26Hon'Ble Mr. Justice S. Ravindra Bhat,Hon'Ble Mr. Justice Prateek Jalan1 pages

$~35 * IN THE HIGH COURT OF DELHI AT NEW DELHI + EFA(OS) (COMM) 16/2018, CAV 1071/2018 & CM APPL. 48575/2018 INDIAN OIL CORPORATION LTD ..... Appellant Through:

Mr. V.N. Koura, Ms. Paramjeet Benipal & Mr. Anupam Roy, Advs.

versus LARSEN & TOUBRO LTD ..... Respondent Through:

Mr. Ananya Kumar, Mr. Dhirendra Negi & Ms. Pragya Chauhan, Advs.

CORAM:

HON'BLE MR. JUSTICE S. RAVINDRA BHAT HON'BLE MR. JUSTICE PRATEEK JALAN

O R D E R

% 26.11.2018 In view of the Judgment of this Court in HPL (India) Limited & Ors. Vs QRG Enterprises and Another (2017) 238 DLT 123 (DB), the present appeal cannot be entertained, having regard to the Commercial Courts, Commercial Division and Commercial Appellate Division of High Courts Act, 2015.

Furthermore, the Court also notices that the judgment in Harmanprit Singh Sidhu Vs. Arcadia Shares & Stock Brokers Pvt. Ltd. 234 (2016) DLT 30 (DB) highlights that the appeal is also not maintainable in view of the Section 37 of the Arbitration & Conciliation Act, 1996. The appeal is rendered infructuous.

S. RAVINDRA BHAT, J PRATEEK JALAN, J NOVEMBER 26, 2018/'pv'