THE BHAJANPURA CO OP URBAN T/C SOCIETY LTD. vs MUKESH KUMAR & ORS.

IN THE HIGH COURT OF DELHI AT NEW DELHI Date of Decision : 06.03.2025 W.P.(C) 2839/2025 & CM APPL. 13451/2025 THE BHAJANPURA CO OP URBAN T/C SOCIETY LTD. .....Petitioner Through: Mr Vipin Dilawari and Mr Hemant Pathak, Advocates. versus MUKESH KUMAR & ORS. .....Respondents Through: None. CORAM: HON'BLE MR. JUSTICE VIBHU BAKHRU HON'BLE MR. JUSTICE TEJAS KARIA VIBHU BAKHRU, J. (ORAL) 1. The petitioner – a cooperative Society – has filed the present petition, inter alia, impugning an order dated 22.05.2023 (hereafter the impugned order) passed by the Delhi Cooperative Tribunal (hereafter the Tribunal) in appeal No.033/2017/DCT captioned Mukesh Kumar & Others v. The Bhajanpura Co-op. Urban T/C Limited & Others. 2. By the impugned order, the learned Tribunal allowed the respondents appeal against an Arbitral Award dated 12.11.2010 (hereafter the impugned award). In terms of the impugned award, an amount of ₹2,15,168/- along with further interest at the rate of 15 per cent (plus 3 per cent) per annum with effect from 01.11.2010, was awarded in favour of the petitioner society. 3. The petitioner society had loaned a sum of ₹1,20,000/- to respondent no.1 (principal debtor) on 07.11.2006. T