Damodar Valley Corp Petition Dismissed as Infructuous

Authority: Calcutta High Court, Commercial Division

Order Date: 07 Oct 2026

Case Overview

• Parties: Damodar Valley Corporation (petitioner) vs. M/s. HRD Builders Pvt. Ltd. (respondent).
• Petition filed under Section 36(2) read with Section 36(3) of the Arbitration and Conciliation Act, 1996, seeking a stay of the operation of the majority award dated 16 May 2026.
• The stay request was pending the disposal of AP‑Com No. 687/2026, a petition under Section 34 of the Act challenging the same award.
• By a separate judgment dated 07 Oct 2026, the Court dismissed AP‑Com No. 687/2026, thereby removing the basis for the stay application.

Final Outcome

• The Court held that, with the dismissal of the underlying Section 34 challenge, nothing remained for adjudication in the present petition.
• Consequently, the petition was dismissed as having become infructuous.

Topics: Arbitration, Legal Dispute