M/S Khubi Ram Rajiv Kumar & Co Thr Partner ... vs M/S Naveen Enterprises & Ors
Judges (1)
Counsel (3)
Case Significance
M/S Khubi Ram Rajiv Kumar & Co Thr Partner ... vs M/S Naveen Enterprises & Ors is a Delhi High Court decision dated December 20, 2025 (citation: ik-7113915). A commission agent in cloth and fabrics appealed an order dismissing its S.34 petition challenging an arbitral award that granted recovery of Rs 1.92 lakhs principal but denied interest on the outstanding amount. The court found that while the arbitrator correctly awarded the principal, the rejection of the interest claim was perverse as the invoices contained a printed clause entitling the petitioner to interest at 1.75% per month and the respondent never disputed this clause. The appeal was The case was heard by Justice Chandrasekharan Sudha. Counsel appearing: Paras Chaudhary (counsel for appellant), Prem Lata Bansal (counsel for appellant), Shivang Bansal (counsel for appellant).
Summary
A commission agent in cloth and fabrics appealed an order dismissing its S.34 petition challenging an arbitral award that granted recovery of Rs 1.92 lakhs principal but denied interest on the outstanding amount. The court found that while the arbitrator correctly awarded the principal, the rejection of the interest claim was perverse as the invoices contained a printed clause entitling the petitioner to interest at 1.75% per month and the respondent never disputed this clause. The appeal was allowed and interest at 21% per annum simple interest was awarded on the principal from 01.04.2011 until realization.
What was the outcome of M/S Khubi Ram Rajiv Kumar & Co Thr Partner ... vs M/S Naveen Enterprises & Ors?
A commission agent in cloth and fabrics appealed an order dismissing its S.34 petition challenging an arbitral award that granted recovery of Rs 1.92 lakhs principal but denied interest on the outstan...
Judgment
Read the full judgment on the official India Courts portal.
Read on Indian KanoonSource: Indian Kanoon (ik-7113915)