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Satya Prakash & Bros. vs Mcd
2009 Latest Caselaw 1855 Del

Citation : 2009 Latest Caselaw 1855 Del
Judgement Date : 4 May, 2009

Delhi High Court
Satya Prakash & Bros. vs Mcd on 4 May, 2009
Author: Shiv Narayan Dhingra
*             IN THE HIGH COURT OF DELHI AT NEW DELHI


                                                  Date of Reserve: May 01, 2009
                                                     Date of Order: May 04, 2009

+ CS(OS) 1155A/1998
%                                                                         04.05.2009
     Satya Prakash & Bros.                                         ...Petitioner
     Through : Mr. Arun Kumar Gupta, Advocate

        Versus

        MCD                                                        ...Respondent
        Through: Nemo


        JUSTICE SHIV NARAYAN DHINGRA

1.      Whether reporters of local papers may be allowed to see the judgment?

2.      To be referred to the reporter or not?

3.      Whether judgment should be reported in Digest?


        JUDGMENT

1. This application under Section 17 of Arbitration Act, 1940 (for short,

"the Act") has been made by the petitioner for making the award dated 23 rd

June 1997 a rule of Court.

2. This award was filed by the learned Arbitrator in 1998. A notice of this

award was served upon both the parties in July, 1998. When the matter was

taken up on 23rd July 1998, Mr. B.M. Sehgal appeared for the

claimant/petitioner and filed vakalatnama. The notice of the award was also

sent to the respondent. Thereafter, when the matter was taken up on various

occasions, neither the counsel for the claimant appeared nor the counsel for

the respondent appeared and no objections were filed. Ultimately, vide order

dated 4th March 1999, the matter was stayed sine die with the observation

CS(OS) 1155A/1998 Satya Prakash Bros. v. MCD Page 1 Of 3 that the parties will be free to get the same revived as and when they think it

proper. The present application/ petition has been made after lapse of about

11 years of filing of award and after ten years of passing the above order.

3. It is settled law there is no limitation in entertaining an application

under Section 17 of the Act and once an award is filed in the Court and if no

objections are raised by the respondent against the award within the period

of limitation, the award should be made a rule of court.

4. I consider that no notice of this application is required to be served

upon the respondent since the respondent was served notice of award but

nobody appeared on behalf of respondent nor objections were filed within

period of limitation. The award is liable to be made a rule of Court. However,

keeping in view that the Arbitrator had awarded interest @ 18% per annum

and looking at the fact that applicant /petitioner had been sleeping all along

and had not even bothered to appear in the Court when the notice was given,

I consider that the petitioner would not be entitled to interest after the award

was filed in the Court till making of this application. Even otherwise awarded

interest @ 18% per annum in my opinion, looking into the present day

scenario, is quite exorbitant rate of interest. The interest on the awarded

amount for post award period which would start only from the date of this

order is allowed @ 6% per annum. The award is modified to the extent that

the petitioner would be entitled to interest @ 6% per annum on the awarded

amount.

5. Accordingly, the award dated 23rd June 1997 is hereby made a rule of

Court with the modification that the applicant/petitioner would not be entitled

CS(OS) 1155A/1998 Satya Prakash Bros. v. MCD Page 2 Of 3 to interest an amount awarded from 9th July 1998 till April 2009. The

petitioner would be entitled to interest @ 6% per annum on the awarded

amount from 4th May 2009 onwards.

6. The petition stands disposed of with above order.

May 04, 2009                                     SHIV NARAYAN DHINGRA J.
rd




CS(OS) 1155A/1998         Satya Prakash Bros. v. MCD           Page 3 Of 3
 

 
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