Delhi High Court
FAO (COMM)/5/2026 of M/S. FRANCHISE INDIA BRAND LTD Vs M/S.CARDIO FITNESS INDIA PVT LTD on 6 October 2026
HIGH COURT OF DELHI AT NEW DELHI # CNR No. DLHC011085122025 + FAO (COMM) 5/2026, CM APPL. 2016/2026 & CM APPL. 2017/2026 M/S. FRANCHISE INDIA BRAND LTD .....Appellant Through: Mr. Anup Kumar, Adv. versus M/S.CARDIO FITNESS INDIA PVT LTD .....Respondent Through: Mr. Vikas Gogne and Mr. Satyam
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IN THE HIGH COURT OF DELHI AT NEW DELHI
CNR No. DLHC011085122025
+
FAO (COMM) 5/2026, CM APPL. 2016/2026 & CM APPL.
2017/2026
M/S. FRANCHISE INDIA BRAND LTD
.....Appellant
Through:
Mr. Anup Kumar, Adv.
versus
M/S.CARDIO FITNESS INDIA PVT LTD
.....Respondent
Through:
Mr. Vikas Gogne and Mr. Satyam
Chaturvedi, Advs.
CORAM:
HON'BLE MR. JUSTICE DINESH MEHTA
HON'BLE DR. JUSTICE ADITI CHOUDHARY
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O R D E R
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06.10.2026
1. After arguing for some time, learned counsel for the appellant, on instructions from his client, submitted that in case the respondent waives the cost imposed by the Arbitrator so also gives some concession in the post-arbitral interest (which was awarded @ 12% p.a.), the appellant can consider settling the disputes in the spirit of the Lok Adalat and withdraw the appeal.
2. He, however, prayed that a period of two months be granted to the appellant to pay the amount in terms of the offer so made.
3. To this proposal, learned counsel for the respondent did not offer any in-principal objection.
4. In terms of the oral settlement arrived at between the parties, the appeal This is a digitally signed order. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 08/10/2026 at 11:36:43
stands disposed of in following terms:
(i) The appellant shall not be required to pay arbitral costs of Rs.40,016/- as awarded by the Arbitrator;
(ii) The post-arbitral interest shall be calculated @ 9% p.a.;
(iii) The appellant shall pay to the respondent the amount as awarded by the Arbitrator by 15.12.2026.
(iv) The award dated 12.07.2023, as affirmed by the Court vide order 30.08.2025 stands modified accordingly.
(v) In case, the appellant fails to pay the amount by 15.12.2026, the present order will stand annulled automatically and the award dated 12.07.2023, as passed shall stand revived. The respondent shall therefore, be free to execute such award, in accordance with law.
5. All pending applications are disposed of.
DINESH MEHTA, J.
ADITI CHOUDHARY, J. OCTOBER 6, 2026 kk
This is a digitally signed order. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 08/10/2026 at 11:36:43