Architects Bureau v. Delhi Agricultural Market Board & Anr

Delhi High Court · 15 Nov 2016 · 2016:DHC:8430
S. Muralidhar
CS(OS)1311/2008 & CS(OS)1312/2008
2016:DHC:8430
civil appeal_allowed

AI Summary

The Delhi High Court made the arbitration award a rule of the court and directed 10% interest from the award date till payment due to non-prosecution by Respondents.

Full Text
Translation output
HIGH COURT OF DELHI
CS(OS)1311/2008& lA No.8146/2009
(OS)1312/2008 «& lA No.8141/2009 ARCHITECTSBUREAU Plaintiff
Through: Mr.S.K,Chandwani& Mr.Sameer Chandwani,Advocates.
VERSUS
DELHIAGRICULTURALMRKT.BOARD&ANR Respondents
Through: None.
CORAM:JUSTICE S.MURALIDHAR
15.11.2016 lA No.8146/2009 in CS(OSl No.1311/2008 lA No.8141/2009 in CS(OS)No.1312/2008
ORDER

1. None appears for the objectors. The applications are dismissed for nonprosecution. CS(OSl No.1311/2008& CS(OS)No.l312/20n[8]

2. The Award is made rule of the Court. Under Section 29 of the Arbitration Act, 1940, it is directed that apart from the pendente lite interest, interest @ 10% would be payable by the Respondents to the Petitionerfrom the date ofthe Award tillthe date ofpaymentin additionto the interest already awarded.

NOVEMBER 15,2016 s.MtJ^LIDHAR,J. D nesn '