Research › Search › Judgment

Allahabad High Court · body

2025 DAILYLAW 165217 (ALL)

U.P. MEDICAL SUPPLIES CORPORATION LIMITED LKO. THRU. DR. BRIJENDRA KUMAR VERMA v. M/S CIRON DRUGS AND PHARMACUTICALS PRIVATE LIMITED AND ANOTHER

/5531/2025 · 2025-09-12

body2025

Judgment text

Extracted from the PDF above. The PDF is authoritative.

HIGH COURT OF JUDICATURE AT ALLAHABAD LUCKNOW MATTERS UNDER ARTICLE 227 No. - 5531 of 2025 Court No. - 6 HON'BLE PANKAJ BHATIA, J. 1. Heard learned Counsel for the petitioner. 2. The present petition has been filed by the petitioner challenging an order dated 12.08.2025 whereby, the Commercial Court No.2, Lucknow has allowed the release of the money deposited by the petitioner in pursuance to the award. 3. The facts in brief are that on the basis of some commercial transactions in between the parties, the matter was referred for arbitration and an award came to be passed against the petitioner on 06.01.2022. The said award was challenged by filing an application under Section 34 of the Arbitration and Conciliation Act, which came to be dismissed vide order dated 07.10.2024. Thereafter an appeal has been filed, in which, no interim order has been passed. The decree holder in terms of the award filed an application for execution of the award, in which, an order was passed on 23.04.2025 freezing the account of the petitioner to the extent of the amount awarded. Subsequently, it appears that the petitioner has moved an application before the appellate court, however, the same are still pending. 4. It is stated that the decree holder filed an indemnity bond on 21.08.2025 and sought the release of the amount, which has been attached and thereafter an order was passed in favour of the decree holder. Versus Counsel for Petitioner(s) : Avinash Chandra Counsel for Respondent(s) : Sharad Dwivedi U.P. Medical Supplies Corporation Limited Lko. Thru. Dr. Brijendra Kumar Verma .....Petitioner(s) M/S Ciron Drugs And Pharmacuticals Private Limited And Another .....Respondent(s) 5. Considering the fact that an award has been passed and the challenge under Section 34 has been rejected and also no order has been passed in appeal, no relief could be granted in exercise of power under Article 227 of the Constitution of India. 6. The writ petition stands dismissed. 7. The remedy of the petitioner is to get appropriate relief before the appropriate court if approached in accordance with law. 8. This order has been passed in the presence of Sri Sharad Dwivedi, learned Counsel for the respondent no.2. September 12, 2025 akverma A227 No. 5531 of 2025 2 (Pankaj Bhatia,J.) Digitally signed by :- ASHOK KUMAR VERMA High Court of Judicature at Allahabad, Lucknow Bench