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Calcutta High Court · body

2026 DAILYLAW 19902 (CAL)

M/S UGRO CAPITAL LIMITED v. SHANKAR LAL YADAV AND ORS.

EC-COM/239/2026 · 2026-05-21

Gaurang Kanth

body2026

Judgment text

Extracted from the PDF above. The PDF is authoritative.

OCD-215 ORDER SHEET IN THE HIGH COURT AT CALCUTTA COMMERCIAL DIVISION ORIGINAL SIDE EC-COM/239/2026 M/S UGRO CAPITAL LIMITED VS SHANKAR LAL YADAV AND ORS. BEFORE: The Hon’ble JUSTICE GAURANG KANTH Date : 21st May, 2026. Appearance: Mr. Paritosh Sinha, Adv. Mr. K.K. Pandey, Adv. Ms. Sonia Nandy, Adv. Ms. Mallika Bothra, Adv. …for award-holder. The Court: The present execution petition has been filed by award holder for executing an award dated 22.03.2025 which is an unilateral award. In view of the decision rendered by this Court dated 14.05.2026 passed in EC-COM 334 of 2026, the present award is a non-est award in the eyes of law. Accordingly, the present execution petition stands dismissed. However, liberty is granted to the award holder to initiate fresh arbitral proceedings before a validly constituted arbitral tribunal appointed in accordance law. (GAURANG KANTH, J.) S. A. AR (CR)