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Iron Triangle Limited vs. Jetpur Somnath Tollways Pvt Ltd

Enforcement Petition (Commercial Arbitration) · 2026:DHC:8022Decided 18 Sept 2026New Delhi Bench
OMP (ENF.) (COMM.) 117/2026CNR: DLHC010219802026
Justice Om Prakash Shukla

Background

The decree holder company sought to enforce an arbitral award against a highway tollways company, but again faced the same stamp-duty timing issue that has arisen in related cases before this Court (following its own precedent in M/s URC Construction v. Airports Authority of India).

Decision Breakdown

The decree holder's counsel sought leave to withdraw the enforcement petition with liberty to refile after depositing the requisite stamp duty and penalty under the Indian Stamp Act. The Court granted the request and dismissed the petition as withdrawn.

Lesson Learnt

This case reinforces a recurring practical point for businesses relying on arbitration awards in Delhi: get the award properly stamped promptly, or risk having to restart the enforcement process.

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