THE JUTE CORPORATION OF INDIA LTD v. PREMIUM ARGO EXPORTS LTD
AP-COM/781/2024 · 2026-01-29
Gaurang Kanth
body2025
DailyLaw.ai
[ 2025 DAILYLAW 2452 (CAL) · dailylaw.ai ]
DailyLaw.ai
[ 2025 DAILYLAW 2452 (CAL) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
IN THE HIGH COURT AT CALCUTTA ORDINARY ORIGINAL CIVIL JURISDICTION ORIGINAL SIDE (COMMERCIAL DIVISION)
RESERVED ON: 03.12.2025 DELIVERED ON: 29.01.2026
PRESENT:
HON'BLE JUSTICE GAURANG KANTH
AP-COM 781 OF 2024
THE JUTE CORPORATION OF INDIA LTD. VERSUS PREMIUM AGRO EXPORTS LTD.
Appearance:
Mr. Aman Agarwal, Adv. Mr. Debabrata Das, Adv. Mr. Tirthankar Nandi, Adv.
… for the petitioner
Mr. Sakya Sen, Sr. Adv. Mr. Sankarsan Sarkar, Adv. Mr. Jaydeb Ghorai, Adv. Mr. Diptesh Ghorai, Adv.
… for the respondent
JUDGMENT Gaurang Kanth, J.:-
1. The Petitioner has preferred the present petition under Section 9 of the Arbitration and Conciliation Act, 1996, seeking a direction upon the Respondent to secure the awarded amount by furnishing cash security or a bank guarantee issued by any scheduled bank, during the pendency of AP (Com) 106/2024, a petition filed by the Respondent under Section 34 of the Arbitration and Conciliation Act, 1996, challenging the Arbitral Award dated 07.12.2010.
2. This Court, vide judgment dated 29.01.2026, has dismissed the AP (Com) 106/2024.
2
3. In view of the dismissal of the petition under Section 34 of the Act, nothing survives for consideration in the present petition under Section 9. The petition is accordingly disposed of with liberty to the petitioner to take appropriate steps for execution of the arbitral award in accordance with law. All pending applications, if any, also stand disposed of.
4. With the above observations, the present petition stands disposed of.
(GAURANG KANTH, J.)
Sakil Amed P.A.