M/S Ugro Capital Limited v. So Fine International And ANR

OCD-238 ORDER SHEET

IN THE HIGH COURT AT CALCUTTA

ORIGINAL SIDE EC/363/2023 M/S UGRO CAPITAL LIMITED VS SO FINE INTERNATIONAL AND ANR.

BEFORE:

The Hon'ble JUSTICE GAURANG KANTH Date : 21st May, 2026.

Appearance:

Mr. Paritosh Sinha, Adv.

Mr. K.K. Pandey, Adv.

Ms. Sonia Nandy, Adv.

Ms. Mallika Bothra, Adv.

...for award-holder.

The Court: The present execution petition has been filed by award holder for executing an award dated 25.02.2023 which is an unilateral award.

In view of the decision rendered by this Court dated 14.05.2026 passed in EC-COM 334 of 2026, the present award is a non-est award in the eyes of law.

Accordingly, the present execution petition stands dismissed. However, liberty is granted to the award holder to initiate fresh arbitral proceedings before a validly constituted arbitral tribunal appointed in accordance law. (GAURANG KANTH, J.) S. A.

AR (CR)