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HIGH COURT OF DELHI
Date of Decision: 05.01.2022
JALDHI OVERSEAS PTE LTD. ..... Decree Holder
Through Mr. Ashwin Shanker, Mr. Rishi Murarka, Ms. Shweta Sadanandan and Mr. Aditya Raj, Advs.
Through Mr.Ashish Rana and Mr. Anurag Singh, Advs.
JUDGMENT
The hearing has been conducted through video conferencing.
1. The present petitions have been filed by decree holder under Section 36 of Arbitration and Conciliation Act, 1996 r/w Order XXI Rue 10 and 2022:DHC:55 OMP (ENF.) (COMM.) 49/2021 & connected matters Section 151 of Code of Civil Procedure seeking execution of Awards dated 02.11.2020 and 22.02.2021.
2. On 24.09.2021, learned counsel for judgment debtor had pointed out that the arbitral Award in question has already been satisfied and only a fraction of difference is required to be met out with decree holder and accordingly, at request of learned counsel for parties, the present enforcement petitions were referred to Delhi High Court Mediation & Conciliation Centre for amicable resolution of left-over disputes.
3. Today, during the course of hearing, learned counsel for judgment debtor submits that the total decretal amount has been paid in favour of decree holder and the said fact is not disputed by learned counsel appearing on behalf of decree holder.
4. In view of above, nothing remains in the present petitions and the same are accordingly disposed of.
5. Pending applications are also disposed of.
6. The Incharge, Delhi High Court Mediation and Conciliation Centre is directed to place the report of mediation on record.
SURESH KUMAR KAIT, J JANUARY 05, 2022