PEC LTD. vs M/S BADRI SINGH VINIMAY PVT. LTD. AND ANR.

Judgment text excerpt

$~ * IN THE HIGH COURT OF DELHI AT NEW DELHI % Judgment reserved on: 24.07.2025 Judgment pronounced on: 04.08.2025 + FAO (COMM) 192/2025, CM APPL. 44314/2025 (for stay), CM APPL. 44315/2025 (for delay) & CM APPL. 44316/2025 (for exemption) PEC LTD. .....Appellant Through: Mr. Sumit Jidani, Advocate. versus M/S BADRI SINGH VINIMAY PVT. LTD. AND ANR. .....Respondents Through: Nemo. CORAM: HON'BLE MR. JUSTICE ANIL KSHETARPAL HON'BLE MR. JUSTICE HARISH VAIDYANATHAN SHANKAR JUDGMENT HARISH VAIDYANATHAN SHANKAR, J. CM APPL. 44315/2025 (for delay) 1. By way of the present application filed under Section 5 of the Limitation Act, 1963, the Applicant/Appellant seeks condonation of delay of 81 days in filing the present appeal. 2. For the sufficient reasons stated in the application, the delay is condoned. 3. Accordingly, the present application stands disposed of. CM APPL. 44316/2025 (for exemption) 1. Allowed, subject to all just exceptions. 2. The application shall stand disposed of. Signature Not Verified Digitally Signed By:HARVINDER KAUR BHATIA FAO (COMM) 192/2025 Page 1 of 29 Signing Date:05.08.2025 19:41:30 FAO (COMM) 192/2025 & CM APPL. 44314/2025 (for stay) 1. The present Appeal under Section 37 of the Arbitration and Conciliation Act, 19961and Section 13 of the Commercial Courts Act, 2015 raises a challenge to the impugned Judgment dated 01.02.2025 passed by learned District Judge (Commercial Court-01), Patiala House Courts, New Delhi in ARBTN 3047/2018 titled as PEC Limited v. M/s Badri Singh Vinimay Pvt. Ltd. & Anr, wherein the Arbitral Award dated 02.04.20182 has been upheld by the learned District Judge. PLEADINGS 2. Shorn of unnecessary details, the crux of the present Appeal relates to Tender bearing No.PEC/PUL/DOM/TDR/XCVII/113, which was floated by the Appellant