HLV Limited (Formerly Known as Hotel Leelaventure Pvt. Ltd. ) vs PBSAMP Projects Pvt. Ltd.

Judicial Analysis Court Copy Headnote Facts Arguments Court observation

2025 Supreme(SC) 1727

MANOJ MISRA, UJJAL BHUYAN
HLV Limited (Formerly Known as Hotel Leelaventure Pvt. Ltd. ) – Appellant
Versus
PBSAMP Projects Pvt. Ltd. – Respondent

Advocates appeared:
For the Petitioner(s): Mr. Dama Seshadri Naidu, Sr. Adv. Mr. Hemandranath Reddy, Sr. Adv. Mr. M Srinivas R Rao, Adv. Mr. M.V. Mukunda, Adv. Mr. Abid Ali Beeran P, AOR Mr. Sarath S Janardanan, Adv. Mr. Saswat Adhyapak, Adv. Ms. Namita Kumari, Adv.
For the Respondent(s): Mr. P.b. Suresh, Sr. Adv. Mr. Mayank Jain, Adv. Mr. Madhur Jain, Adv. Ms. Aakriti Dhawan, Adv. Mr. Arpit Goel, Adv. Mr. Deepak Jain, Adv. Mr. Parmatma Singh, AOR

Table of Content
1. factual backdrop of dispute and arbitration. (Para 2 , 3 , 5)
2. details of arbitral award and its implications. (Para 6 , 7)
3. execution petition and interest claims. (Para 9 , 10 , 11)
4. high court's view on executing court's order. (Para 12 , 13)
5. arguments presented by the appellant's counsel. (Para 14)
6. arguments presented by the respondent's counsel. (Para 15)
7. court's analysis of relevant statutory provisions. (Para 17 , 18 , 19 , 20)
8. interpretation of mou regarding interest. (Para 21)
9. legal precedents regarding interest upon interest. (Para 22 , 23)
10. examination of prior case law on interest. (Para 24 , 25 , 26 , 27)
11. clarification of party autonomy regarding interest. (Para 28 , 29 , 30 , 31)
12. court's conclusion on high court's remand decision. (Para 32)
13. final decision restoring the executing court's order. (Para 33)
14. conclusion and dismissal of appeal. (Para 34)

JUDGMENT :

UJJAL BHUYAN, J.

1. Leave granted.

2. This appeal by special leave is directed against the judgment and order dated 22.04.2024 passed by the High Court for the State of Telangana at Hyderabad (High Court) in Civil Revision Petition No. 60 of 2024 ( PBSAMP Projects Private

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2025 Supreme(SC) 1727

MANOJ MISRA, UJJAL BHUYANHLV Limited (Formerly Known as Hotel Leelaventure Pvt. Ltd. ) – AppellantVersusPBSAMP Projects Pvt. Ltd. – Respondent

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MANOJ MISRA, UJJAL BHUYAN
HLV Limited (Formerly Known as Hotel Leelaventure Pvt. Ltd. ) – Appellant
Versus
PBSAMP Projects Pvt. Ltd. – Respondent