The Jute Corporation Of India Ltd v. Premium Argo Exports Ltd

IN THE HIGH COURT AT CALCUTTA

ORDINARY ORIGINAL CIVIL JURISDICTION ORIGINAL SIDE (COMMERCIAL DIVISION) RESERVED ON: 03.12.2025 DELIVERED ON: 29.01.2026 PRESENT:

HON'BLE JUSTICE GAURANG KANTH AP-COM 781 OF 2024 THE JUTE CORPORATION OF INDIA LTD.

VERSUS

PREMIUM AGRO EXPORTS LTD.

Appearance:

Mr. Aman Agarwal, Adv.

Mr. Debabrata Das, Adv.

Mr. Tirthankar Nandi, Adv.

... for the petitioner Mr. Sakya Sen, Sr. Adv.

Mr. Sankarsan Sarkar, Adv.

Mr. Jaydeb Ghorai, Adv.

Mr. Diptesh Ghorai, Adv.

... for the respondent

JUDGMENT

Gaurang Kanth, J.:- 1.

The Petitioner has preferred the present petition under Section 9 of the Arbitration and Conciliation Act, 1996, seeking a direction upon the Respondent to secure the awarded amount by furnishing cash security or a bank guarantee issued by any scheduled bank, during the pendency of AP (Com) 106/2024, a petition filed by the Respondent under Section 34 of the Arbitration and Conciliation Act, 1996, challenging the Arbitral Award dated 07.12.2010.

2.

This Court, vide judgment dated 29.01.2026, has dismissed the AP (Com) 106/2024.

3.

In view of the dismissal of the petition under Section 34 of the Act, nothing survives for consideration in the present petition under Section 9. The petition is accordingly disposed of with liberty to the petitioner to take appropriate steps for execution of the arbitral award in accordance with law. All pending applications, if any, also stand disposed of. 4.

With the above observations, the present petition stands disposed of. (GAURANG KANTH, J.) Sakil Amed P.A.