JONES LANG LASALLE BUILDING OPERATIONS PRIVATE LIMITED vs TECHPARK MAINTENANCE SERVICES PRIVATE LIMITED

Judgment text excerpt

$~ * IN THE HIGH COURT OF DELHI AT NEW DELHI % Judgment reserved on: 14.01.2026 Judgment pronounced on: 05.02.2026 Judgment uploaded on: 05.02.2026 + FAO (COMM) 201/2024 and CM APPL. 78046/2025 JONES LANG LASALLE BUILDING OPERATIONS PRIVATE LIMITED .....Appellant Through: Mr. Ankit Yadav, Ms. Gunjan Rathore, Ms. Shivangi Gulati and Ms. Aastha Harshwal, Advs. versus TECHPARK MAINTENANCE SERVICES PRIVATE LIMITED .....Respondent Through: Mr. Sanjoy Ghosh, Sr. Adv. with Mr. Lokesh Bhola, Mr. Rohan Mandal, Mr. Mohit Garg and Mr. Abhishek Singh Chauhan, Advs. CORAM: HON'BLE MR. JUSTICE ANIL KSHETARPAL HON'BLE MR. JUSTICE AMIT MAHAJAN JUDGMENT ANIL KSHETARPAL, J. 1. Through the present Appeal, the Appellant/Claimant assails the correctness of the Judgment and Order dated 06.07.2024 [hereinafter referred to as „Impugned Judgment‟], passed by the learned District Judge [hereinafter referred to as „LDJ‟], whereby the petition filed by the Respondent under Section 34 of the Arbitration and Conciliation Act, 1996 [hereinafter referred to as „Act of 1996‟] came to be allowed. Signature Not Verified Signed By:JAI NARAYAN Signing Date:05.02.2026 FAO (COMM) 201/2024 Page 1 of 32 15:39:29 2. By way of the Impugned Judgment, the LDJ had set aside the Arbitral Award dated 17.11.2022 [hereinafter referred to as „Arbitral Award‟], in terms whereof the Appellant had been awarded, (i) a sum of Rs. 68,92,133.95/- towards the outstanding payment of invoices raised during the years 2013 and 2014; (ii) interest thereon at the rate of 12% per annum from the end of calendar month of the respective invoices until 27.04.2018; (iii) pendente lite interest at the rate of 12% per annum on the awarded amount from 28.04.2018 to 17.11.2022; (iv) post award interest at the rate of 12% per annum, if payment