PRADEEP NANDRAJOG, J.

1. We shall be referring to the parties as : (i) VLS, (ii) BMS, (iii) Gupta

2. VLS is named VLS Finance Ltd. It was the petitioner in OMP (I) Group, (iv) Jain Group, (v) Navjeevan, (vi) NPMG, and (vii) Southend. No.114/2015, filed under Section 9 of the Arbitration and Conciliation Act, 1996. The petition was filed after an award dated March 02, 2015 was pronounced in its favour by an Arbitral Tribunal, as per which the Gupta Group and the Jain Group were liable to pay to VLS a sum of Rs. 84,28,27,987/-(Rupees Eighty Four Crores Twenty Eight Lacs Twenty Seven Thousand Nine Hundred and Eighty Seven only) together with simple interest @ 15% on the sum of Rs. 24,92,00,000/-(Rupees Twenty Four Crores and Ninety Two Lacs only) from October 01, 2012 till date of payment. VLS was to transfer its shareholding in favour of the Gupta Group and the Jain Group in BMS. BMS is named BMS IT Institute Pvt. Ltd. It is a company registered under the Companies Act, 1956. The Gupta Group comprises Dinesh Kumar Gupta and his wife Madhu Gupta. The Jain Group comprises Kailash