Authority: High Court at Calcutta, Commercial Division
Order Date: 3 September 2026
Case Overview
- Parties: IDFC FIRST BANK LIMITED (petitioner) vs. S I FOOTWEAR AND ORS (award‑holder).
- Petition: Execution petition filed by the award‑holder seeking enforcement of a unilateral award dated 30 September 2021.
- Legal References: The Court relied on the Supreme Court decision in Bhadra International (India) Pvt. Ltd. & Ors. v. Airports Authority of India (2026 SCC OnLine SC 7) and its own judgment dated 14 May 2026 in EC‑COM‑334 of 2026.
- Key Legal Finding: The referenced award is classified as a “non‑EST award” under prevailing law, rendering the execution petition non‑maintainable.
Final Outcome
- The execution petition is dismissed as not maintainable.
- The Court granted liberty to the award‑holder to pursue any further appropriate remedy, though specific directions are not detailed in the order excerpt.
Topics: Court Judgment, Execution Petition, Unilateral Award