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2023 Supreme(All) 2443

ROHIT RANJAN AGARWAL
Vijay Gupta – Appellant
Versus
Shashi Jain – Respondent


Advocates appeared:
For the Appellants : Sujeet Kumar,Chhaya Gupta.
For the Respondent: Kundan Rai.

JUDGMENT

Rohit Ranjan Agarwal, J.

Heard Sri Sujeet Kumar, learned counsel for the appellant and Sri Amit Shukla, learned counsel for the sole respondent.

2. This first appeal under section 96 of CPC has been filed assailing the judgment and decree dated 24.11.2021 and 08.12.2021 passed by the Presiding Officer, Commercial Court, Gautam Budh Nagar in Original Suit No. 151 of 2021, whereby allowing the application No. 22-Ga filed under Order 7, Rule 11 CPC and dismissing the suit of the plaintiff appellants.

3. Facts leading to the dispute are that the appellants were the partners of unregistered firm M/S Triveni Adhesive Tapes, B-92, Sector 5, NOIDA, Gautam Budh Nagar, while the defendant respondent is the sole proprietor of M/S Parasnath Associates. The firm of the defendant respondent supplied BOPP films to M/S Triveni Adhesive Tapes and raised bills to the tune of Rs. 40,13,882/-. When the firm of the plaintiff appellants failed to make payment arbitration agreement was invoked and matter was referred to the Paper Merchant Association and the Arbitrator made an award on 14.12.2009 for making payment to the defendant respondent of Rs. 48,42,284/-.

4. The award made by the Arbitrato

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