IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH Reserved on: 25.09.2025.

Date of pronouncement: 09.10.2025 The New India Assurance Company Limited …. Appellant versus M/s. Munshi Ram Hosiery and others …. Respondents CORAM: HON’BLE MR. JUSTICE ASHWANI KUMAR MISHRA HON’BLE MR. JUSTICE ROHIT KAPOOR Present Mr. Ashwani Talwar, Advocate, for the appellant.

Mr. Puneet Jindal, Senior Advocate, assisted by Dr. Ashwinie Kumar Bansal, Advocate and Mr. Rohit Mittal, Advocate, for respondent no.1.

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ASHWANI KUMAR MISHRA, J.

This appeal is filed under Section 37 of the Arbitration and Conciliation Act, 1996 (for short, the Act’), assailing the order passed by the Additional District Judge, Ludhiana, dated 01.10.2024, in proceedings under Section 34 of the Act.

2. By the order impugned, learned Additional District Judge, Ludhiana, has rejected the appellant’s objections under Section 34 of the Act and has thereby affirmed the award of the Arbitral Tribunal dated 16.01.2021. It transpires that M/s. Munshi Ram Hosiery, Gurbax Colony, Ludhiana – respondent no.1 had obtained a Policy from the appellant for its premises/stock/ material, etc. vide Policy No. 361102111701000101. This policy was St