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may 2025

Delhi High Court · 2025-05-14

NATIONAL SEEDS CORPORATION LTD vs ASSOCIATED JUTE INDUSTRIES

Citation / case number
FAO (COMM)-223/2024 2025:DHC:3741-DB
Court
Delhi High Court
Petitioner
NATIONAL SEEDS CORPORATION LTD
Respondent
ASSOCIATED JUTE INDUSTRIES
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Judgment text excerpt

IN THE HIGH COURT OF DELHI AT NEW DELHI Date of Decision: 14.05.2025 + FAO (COMM) 223/2024 & CM APPL. 67266/2024 NATIONAL SEEDS CORPORATION LTD .....Appellant Through: Mr Yashvardhan, Ms Smita Kapil, Ms Kritika Nagpal, Mr Pranav Das and Mr Gyanendra Shukla, Advocates. versus ASSOCIATED JUTE INDUSTRIES .....Respondent Through: None. CORAM: HON'BLE MR. JUSTICE VIBHU BAKHRU HON'BLE MR. JUSTICE TEJAS KARIA VIBHU BAKHRU, J. (ORAL) 1. The appellant has filed the above captioned appeal under Section 37(1)(c) of the Arbitration and Conciliation Act, 1996 [A&C Act] impugning an order dated 05.10.2023 [impugned order] passed by the learned Commercial Court in OMP (Comm) No.17/2021 captioned M/s. Associated Jute Industries v. National Seeds Corporation Limited allowing the application filed by the respondent under Section 34 of the A&C Act and setting aside the Arbitral Award dated 06.11.2020 [impugned award]. 2. The impugned order was passed on 05.10.2023. The present appeal has been filed after an inordinate delay of 315 days. The appellant has filed 3. It is stated that immediately on becoming aware of the impugned order, the appellant sought legal opinion from its team and thereafter soug