ALOKE STEELS INDUSTRIES PRIVATE LIMITED vs ADITYA BIRLA GLOBAL TRADING INDIA PVT LTD FORMERLY KNOWN AS SWISS SINGAPORE INDIA PVT LTD

Judgment text excerpt

$~45 * IN THE HIGH COURT OF DELHI AT NEW DELHI % Date of Decision : 30.01.2026 + FAO (COMM) 32/2026 CAV 47/2026 CM APPL. 6614/2026 CM APPL. 6615/2026 CM APPL. 6616/2026 ALOKE STEELS INDUSTRIES PRIVATE LIMITED .....Appellant Through: Mr. Jeevesh Nagrath, Sr. Adv. with Ms. Manisha Chaudhry, Mr. N. Raja Singh, Ms. Fariya Sharaf, Advs. versus ADITYA BIRLA GLOBAL TRADING INDIA PVT LTD FORMERLY KNOWN AS SWISS SINGAPORE INDIA PVT LTD .....Respondent Through: Mr Jayant Mehta, Sr. Adv. with Mr. Dhaval Mehrotra and Ms Aditi Desai, Advs. CORAM: HON'BLE MR. JUSTICE V. KAMESWAR RAO HON'BLE MS. JUSTICE MANMEET PRITAM SINGH ARORA MANMEET PRITAM SINGH ARORA, J. (ORAL) CM APPL. 6615/2026 (for exemption) 1. Allowed, subject to just exceptions. 2. The application is disposed of. FAO (COMM) 32/2026 Signature Not Verified FAO (COMM) 32/2026 Page 1 of 16 Signed By:MOHIT Signing Date:09.02.2026 18:58 3. This is an appeal under section 37 of the Arbitration and Conciliation Act, 1996 (‘Act of 1996’), challenging the judgment dated 21.01.2026 (‘impugned judgment’), passed by the District Judge (Commercial Court-01) at Patiala House Courts. 4. The appellant/Aloke Steels Industries Private Limited, is engaged in the manufacturing of bare iron and steel. 5. The respondent/Swiss Singapore India Private Limited, is engaged in the business of providing trading solutions and trades in coal, minerals and metals, fertilisers, etc. FACTUAL MATRIX 6. On 06.03.2020, the appellant placed a purchase order of 12,000 Metric Tonnes (‘MT’) of South African Steam Coal RB2 from the respondent. Thereafter, a Sales Purchase Contract (‘the Sales Contract’) along with a Handling Contract was signed inter se parties on 11.03.2020. As per this contract, the price per metric ton was fixed at Rs. 5100 plus GST plus cess.