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2026 Supreme(Online)(Del) 6358

IN THE HIGH COURT OF DELHI AT NEW DELHI
UPM KYMMENE CORPORATION – Appellant
Versus
THE STATE TRADING CORPORATION OF INDIA LTD – Respondent


J U D G M E N T

HARISH VAIDYANATHAN SHANKAR, J.

EX.APPL.(OS) 593/2025 (By decree holder praying for revival of the Execution petition)

1. The present Application under Section 151 of the Code of Civil Procedure, 190811 CPC, has been preferred by the Decree Holder seeking, inter alia, revival of Execution Petition No. 82/201222 Execution Petition, directions to the Judgment Debtor to deposit the alleged balance decretal amount, and release of the amount already lying deposited before this Court along with accrued interest.

2. At the outset, it is pertinent to note that the present Execution Petition, being EX.P. 82/2012, already stood disposed of by this Court vide Order dated 13.05.2022. By the said order, this Court permitted withdrawal of the amount deposited by the Judgment Debtor, subject to the Decree Holder furnishing an appropriate corporate undertaking to the satisfaction of this Court.

BRIEF FACTS:

3. The disputes between the parties culminated in an Arbitral Award dated 17.12.199833 Arbitral Award, which was assailed by the Judgment Debtor in CS(OS) No. 346A/1999.

4. This Court, vide Judgment and Decree dated 15.03.2005, rejected the objections and made the Arbitral Award

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