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IN THE HIGH COURT OF DELHI AT NEW DELHI

Judgment Reserved on 31.1.2019

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Judgment Pronounced on 09.08.2019

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EX.P. 99/2015

GLENCORE INTERNATIONAL AG

..... Decree Holder

Through:

Mr. Nakul Dewan with Mr. Moazzam

Khan, Ms. Shweta Sahu, Mr. Brijesh

Kumar, and Mr. Kartik Prasad, Advs.

versus

INDIAN POTASH LIMITED & ANR.

..... Judgement Debtor

Through:

Mr. Arjun Singh Bhati, Adv.

CORAM:

HON'BLE MR. JUSTICE RAJIV SHAKDHER

RAJIV SHAKDHER, J.:

Preface

1. The captioned execution petition seeks enforcement of foreign award

dated 12.3.2012 (hereafter referred to as „Final Award‟) and the cost of the

reference awarded in favour of the decree holder i.e. Glencore International AG.

(hereafter referred to as „Glencore‟) which was passed by the arbitral tribunal

after the final award on 12.5.2015 (hereafter referred to as „Cost Award‟).

2. Notice in the execution petition was issued on 23.3.2015. The judgment

debtor i.e. India Potash Ltd. (hereafter referred to as „IPL‟) entered appearance

through its counsel on 29.4.2015. On that date, IPL was granted two weeks to

file its objections to the award.

3.