Viterra B.V. (Formerly Known As ... vs Sharp Corp Limited

ik-39674480 Delhi High Court 29 November 2024 • 28 min read

Judges (1)

Counsel (10)

Arvind Kumar Counsel Respondent Darpan Wadhwa Counsel Petitioner Harshita Agrawal Counsel Petitioner Heena George Counsel Respondent Karan Bharihoke Counsel Respondent Keshav Somani Counsel Petitioner Raunaq B. Mathur Counsel Petitioner Sarthak Sachdev Counsel Respondent Siddharth Sangali Counsel Petitioner Vikram Nankani Counsel Respondent

Parties (2)

Sharp Corp Limited Respondent Viterra B.V. Petitioner

Case Significance

Viterra B.V. (Formerly Known As ... vs Sharp Corp Limited is a Delhi High Court decision dated November 29, 2024 (citation: ik-39674480). Proceedings for enforcement of two foreign arbitral awards (formerly by Glencore Agriculture B.V., now Viterra B.V.) against Sharp Corp Limited, along with contempt petitions for alleged non-compliance with court orders. The decree holder sought execution of the awards and pursued contempt proceedings for violation of asset disclosure and restraint orders. The court dealt with multiple execution applications and dismissed the contempt petition, finding no case of wilful disobedience was made The case was heard by Justice C. Hari Shankar.

Summary

Proceedings for enforcement of two foreign arbitral awards (formerly by Glencore Agriculture B.V., now Viterra B.V.) against Sharp Corp Limited, along with contempt petitions for alleged non-compliance with court orders. The decree holder sought execution of the awards and pursued contempt proceedings for violation of asset disclosure and restraint orders. The court dealt with multiple execution applications and dismissed the contempt petition, finding no case of wilful disobedience was made out.

What was the outcome of Viterra B.V. (Formerly Known As ... vs Sharp Corp Limited?

Judgment

Read the full judgment on the official India Courts portal.

Read on Indian Kanoon

Source: Indian Kanoon (ik-39674480)