CONSTRUCCIONES Y AUXILIAR DE FERROCARRILES & ANR. vs DELHI AIRPORT METRO EXPRESS PRIVATE LIMITED (INDIA)

Judgment text excerpt

$~J * IN THE HIGH COURT OF DELHI AT NEW DELHI Judgment reserved on: 07.10.2024 Judgment pronounced on: 28.03.2025 + O.M.P.(EFA)(COMM.) 15/2019 CONSTRUCCIONES Y AUXILIAR DE FERROCARRILES & ANR. .....Decree Holders Through: Ms. Aishani Das, Ms. Balapraghatha, Advs. versus DELHI AIRPORT METRO EXPRESS PRIVATE LIMITED (INDIA) .....Judgement Debtor Through: Mr. Anirudh Bakhru, Ms. Shruti Arora, Ms. Tarini Khurana, Ms. Vijay Laxmi, Advs. + O.M.P.(I) (COMM.) 375/2020 CONSTRUCCIONES Y AUXILIAR DE FERROCARRILES & ANR. .....Petitioners Through: Ms. Aishani Das, Ms. Balapraghatha, Advs. versus DELHI AIRPORT METRO EXPRESS PRIVATE LIMITED (INDIA) .....Respondent Through: Mr. Anirudh Bakhru, Ms. Shruti Arora, Ms. Tarini Khurana, Ms. Vijay Laxmi, Advs. CORAM: HON’BLE MR. JUSTICE JASMEET SINGH JUDGMENT : JASMEET SINGH, J O.M.P.(EFA)(COMM.) 15/2019 Digitally Signed O.M.P.(EFA)(COMM.) 15/2019 and connected Page 1 of 47 By:DEEPANSHU MALASI Signing Date:28.03.2025 17:31:15 1. This is a petition filed under section 47 and 49 of the Arbitration and Conciliation Act, 1996 (hereinafter referred to as ―1996 Act‖) seeking enforcement and execution of the Arbitral Award dated 22.08.2016 passed by the learned Arbitral Tribunal (―AT‖) in ICC Case no. 19997/TO and Partial Award on costs of jurisdictional challenge dated 15.12.2015 passed in ICC Case no. 19997/TO. 2. The parties to the arbitration were Construcciones Y Auxiliar De Ferrocarriles (―Petitioner no. 1‖), CAF India Private Limited (―Petitioner no. 2‖) and Delhi Airport Metro Express Private Limited (―Respondent‖). The arbitral proceedings were conducted under the aegis of the International Chamber of Commerce with its seat being in London. FACTUAL BACKGROUND 3. Petitioner no. 1 is a company registered under the laws of Spain, having its reg