JUDGMENT

Navin Chawla, J. - The appeal has been taken up today as 18.10.2021 was declared a holiday.

2. This appeal has been filed by the appellant challenging the judgment and order dated 06.01.2020 passed by the learned Single Judge of this Court in OMP(ENF.)(COMM.) 2/2018, recording the satisfaction of the Arbitral Award and disposing of the Execution Petition as satisfied.

3. The Arbitral Award dated 29.08.2009 had granted the following reliefs in favour of the appellant:

"A) The Respondent shall pay to the Claimant the sum of USD 6,201,867.00 together with interest at the rate of 6.82985% per annum from 1st December, 2006 until payment.

B) The Respondent shall also pay to the Claimant the sum of Rs.25,00,000/- towards costs.

C) The Respondent shall reimburse the Claimant the Stamp Duty payable on this Award under the law.

D) There shall be an award accordingly."

4. The said Arbitral Award has attained finality with the challenge thereto filed by the respondent being dismissed.

5. The short controversy that remains to be adjudicated now is as to whether the appellant is entitled to claim interest under Section 31(7)(b) of the Arbitration and Conciliation Act, 1996 (hereinafter referred