M/S.NEW GRAMIN MILK COOP.SOCIETY LTD. vs DELHI MILK SCHEME

The Supreme Court held that the delay of one month and twelve days in filing the application was satisfactorily explained due to the appellant's bonafide belief regarding the execution of the award under the Arbitration and Conciliation Act, 1996. The Court emphasized that no application was filed by the respondent under Section 30 read with Section 33 of the Act to set aside the award, and thus the award should have been made a rule of the court. The appeal was allowed, the judgments of the High Court and District Judge were set aside, and the award was made a rule of the court with interest and costs awarded to the appellant.