National Building Construction ... vs M/S Sharma Enterprises

ik-197816558 Delhi High Court 19 November 2025 • 43 min read

Judges (1)

Jasmeet Singh Delivered

Counsel (6)

Alka Dwivedi Counsel Respondent Anusuya Salwan Counsel Respondent Bankim Garg Counsel Respondent Jay Savla Counsel Petitioner Rachit Wadhwa Counsel Respondent Shilpi Chowdhary Counsel Petitioner

Parties (2)

National Building Construction Corporation Petitioner Sharma Enterprises Respondent

Case Significance

National Building Construction ... vs M/S Sharma Enterprises is a Delhi High Court decision dated November 19, 2025 (citation: ik-197816558). NBCC filed a Section 34 petition challenging an arbitral award dated 28.07.2016 in a construction dispute with Sharma Enterprises, while the respondent filed a connected enforcement petition. The Court partially allowed the petition to the extent of pre-reference and pendente lite interest, finding that the arbitrator's interest rates were excessive, but dismissed challenges to the remaining claims and the rejection of NBCC's counterclaims. The enforcement petition was allowed and NBCC was di The case was heard by Justice Jasmeet Singh. Counsel appearing: Alka Dwivedi (counsel for respondent), Anusuya Salwan (counsel for respondent), Bankim Garg (counsel for respondent), Jay Savla (counsel for petitioner), Rachit Wadhwa (counsel for respondent), Shilpi Chowdhary (counsel for petitioner).

Summary

NBCC filed a Section 34 petition challenging an arbitral award dated 28.07.2016 in a construction dispute with Sharma Enterprises, while the respondent filed a connected enforcement petition. The Court partially allowed the petition to the extent of pre-reference and pendente lite interest, finding that the arbitrator's interest rates were excessive, but dismissed challenges to the remaining claims and the rejection of NBCC's counterclaims. The enforcement petition was allowed and NBCC was directed to make payment within six weeks.

What was the outcome of National Building Construction ... vs M/S Sharma Enterprises?

NBCC filed a Section 34 petition challenging an arbitral award dated 28.07.2016 in a construction dispute with Sharma Enterprises, while the respondent filed a connected enforcement petition. The Cour...

Judgment

Read the full judgment on the official India Courts portal.

Read on Indian Kanoon

Source: Indian Kanoon (ik-197816558)