M/S H P SPINNING MILLS PVT. LTD vs UNITED INDIA INSURANCE CO. LTD

$~ * IN THE HIGH COURT OF DELHI AT NEW DELHI % Judgment reserved on: 17.09.2025 Judgment pronounced on: 13.10.2025 FAO(OS) 426/2009, CM APPL. 13498/2009 and CM APPL. 2498/2020 M/S H P SPINNING MILLS PVT. LTD. .....Appellant Through: Mr. Sameer Nandwani, Ms. Niyati Jadaun, Ms. Heeba Ansari and Ms. Sanya Arora, Advocates. versus UNITED INDIA INSURANCE CO. LTD. .....Respondent Through: Mr. Prithvi Raj Sikka, Advocate. CORAM: HON'BLE MR. JUSTICE ANIL KSHETARPAL HON'BLE MR. JUSTICE HARISH VAIDYANATHAN SHANKAR JUDGMENT HARISH VAIDYANATHAN SHANKAR, J. 1. The present Appeal, filed under Section 37 of the Arbitration & Conciliation, 19961, read with Section 151 of the Code of Civil Procedure, 1908, assails the Judgment dated 13.08.20092 passed by the learned Single Judge of this Court in OMP No. 609/2007, titled M/s. United India Insurance Co. Ltd. v. Karan Chand Goel. By the said Judgment, the objections filed by the Respondent herein under 1 A&C Act 2 Impugned Judgement 2. Under the said Arbitral Award, the learned Arbitrator had allowed the claims of the Appellant herein to the extent of Rs. 40,84,716.25/-, together with interest at the rate of 9% per annum on the awarded sum with effect