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2023 Supreme(Del) 12963

IN THE HIGH COURT OF DELHI AT NEW DELHI
VIBHU BAKHRU, AMIT MAHAJAN
Kotak Mahindra Bank Ltd. – Appellant
Versus
Narendra Kumar Prajapat – Respondent


Advocates appeared:
For the Appellant : Appearance not given

Table of Content
1. appellant's claim to enforce arbitral award. (Para 1 , 2 , 3)
2. ineligibility of arbitrator affects award validity. (Para 4 , 5)
3. waiver of objection requires express written agreement. (Para 6 , 7 , 8 , 9)
4. ineligible arbitrator means award is a nullity. (Para 10 , 11 , 12 , 13 , 14)
5. delay in appeal filing not justified. (Para 15 , 16 , 17 , 18)
6. appeal dismissed on merits and delay. (Para 19)

AMIT MAHAJAN VIBHU BAKHRU, J. (Oral)

1. The appellant has filed the present appeal impugning an order dated 23.11.2022, passed by the learned Commercial Court whereby the appellant’s application for enforcement of an ex- parte arbitral award dated 21.07.2021, passed by Shri C. Prasanna Venkatesh, Sole Arbitrator in favour of D.H. Finance Company, was rejected.

2. The appellant claims that it is an assignee of D.H. Finance Company and is, therefore, entitled to enforce the Arbitral Award rendered in favour of the said entity.

3. In terms of the Arbitral Award, the sum of Rs.4,66,103.3/- alongwith interest @ 18% per annum was awarded in favour of the D.H. Finance Company which was a claimant before the Arbitral Tribunal. The learned Commercial Court had found that the Arbit

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