SREI EQUIPMENT FINANCE LIMITED v. ATI FREIGHT PRIVATE LIMITED
EC-COM/67/2025 · 2026-05-21
Gaurang Kanth
body2025
DailyLaw.ai
[ 2025 DAILYLAW 2874 (CAL) · dailylaw.ai ]
DailyLaw.ai
[ 2025 DAILYLAW 2874 (CAL) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
ORDER
OCD - 32 IN THE HIGH COURT AT CALCUTTA COMMERCIAL DIVISION ORIGINAL SIDE EC-COM/67/2025
SREI EQUIPMENT FINANCE LIMITED VS ATI FREIGHT PRIVATE LIMITED
BEFORE HON'BLE JUSTICE GAURANG KANTH Date: May 21, 2026. Appearance:- Mr. Swatarup Banerjee, Adv. Mr. Sariful Haque, Adv. Mr. Saubhik Chowdhury, Adv. Ms. Suchisattwa Mallick, Adv. …for award-holder.
The Court:- Learned counsel appearing on behalf of the award holder seeks permission to withdraw the present execution petition on the ground that the award sought to be executed was rendered by a learned Sole Arbitrator who had been unilaterally appointed. It is submitted that, in view of the judgment dated 14.05.2026 rendered by this Court in EC-COM 334 of 2026, such an award is non est in the eyes of law and is incapable of execution. In view of the aforesaid submission, the present execution petition is dismissed as withdrawn, with liberty reserved in favour of the award holder to initiate fresh arbitral proceedings before a duly and validly constituted Arbitral Tribunal, appointed in accordance with law.
(GAURANG KANTH, J.) gb