Telangana High Court
M/s. MODEL IMPEX v. TFL Quinn India Private Limited
CRP/2684/2026
- Decision date
- 2026-09-03
- Text availability
- Full text
- Judges
- Moushumi Bhattacharya, Renuka Yara
Source: Indian High Court Judgments, AWS Open Data (CC BY 4.0) ↗
Connected provisions and cases
No further provision or case links are recorded.
Judgment text
[ 3s14 ] IN THE HIGH COURT FOR THE STATE OF TELANGANA AT HYDERABAD THURSDAY, THE THIRD DAY OF SEPTEMBER TWO THOUSAND AND TWENTY SIX PRESENT THE HONOURABLE JUSTIGE MOUSHUMI BHATTACHARYA AND THE HONOURABLE SMT JUSTICE RENUKA YARA CIVIL REVISION PETITION NO: 2684 OF 2026 Petition under Arlicle 227 of Constitution of lndia aggrieved by the order dated 16-07-2026 passed in l.A.No.B02 of 2026 in COP.No.65 ot 2026 on the file of the Court of the Principal Special Court in the Cadre of District Judge for Trial and Disposal of Commercial Disputes at Hyderabad. Between: 1. M/s. MODEL IMPEX,3'd Floor, lndependent Floor No.4413, Plot No.44, Emerald Gulistan, Scheme No. 39, Jajmau, Kanpur - 208 010, Represented by its Partner Mr. Zeeshan Alam, Age: 42 yearc, Also at Flat No. 104, Swan Tower, '1't Floor, Defence Colony, Jajmau, Kanpur - 2OB 010-Uttar Pradesh, lndia. 2. Mr. Zeeshan Alam, Partner, Age42 years, M/s. MODEL IMPEX,3'd Ftoor, lndependent Floor No. 4413, Plot No. 44, Emerald Gulistan, Scheme No. 39, Jajmau, Kanpur - 208 010. 3. Mr. Tabrez Alam, Age:43 years, Partner, M/s. MODEL IMPEX, 3'd Floor, lndependent Floor No. 4413, PloI No. 44, Emerald Gulistan, Scheme No. 39, Jajmau, Kanpur - 208 010. 4. Mr. Zain Alam, Age:40 years, Partner, M/s. MODEL IMPEX, 3'd Floor, Independent Floor No. 4413, Plol No. 44, Emerald Gulistan, Scheme No. 39, Jajmau, Kanpur - 208 010. ...Petitioners/Applicants AND
1. TFL Quinn lndia Private Limited, TFL Estate, Bachpally Village, Near Miyapur, Hyderabad - 500 090 Represented by its Authorized Signatory R. Kumaran 2. Sri B. Sathaiah, Hon'ble Sole Arbitrator, Rl/o. Flat No. 202, NMSK SADAN, Road No. 5, Sainagar, Nagole, Hyderabad. (Respondent No.2 is onty a Forma,p,ry personally) ".i';:?:f:ri3::.,"J[ffffl3tT,l; LA. NO: 1 OF 2026 Petition under section 151 cpc praying that in the circumstances stated in the affidavit filed in supporl of the petition, the High court may be pleased to suspend the operation of the Learned Sole Arbitrator B. sathaiah (Former principal District and Sessions Judge), Dated 31-01-2025 in the matter of Arbikation case No. 131 of 2023 pending the disposal of main Civit Revision petition. Counsel for the Petitioners: Mr. Sripada prabhakar, Senior Counsel representing Mr. Setty Ravi Teja counsel for the Respondent No.1: Mr. Abhijeet Talwar, counsel representing M/s.TLH Advocates And Solicitors The Court made the following: ORDER HIGH COURT FOR THE STATE OF TELANGANA AT HYDERABAD THE HON'BLE JUSTICE MOUSHUMI BHATTACHARYA AND THE HONOURABLE SMT JUSTICE RENUKA YARA C[VIL REVISION PETITION No.2684 OF 2o26 CNR No"HBHCO1058 1572026 DATE: O3.09.2026 Be tween: M/s. Modr:l Impc'x and rhrce others Petitioners And 'l'li'L Quinn lndra [)rivatc l,imitcd and anothcr .Respondents Mr Snpada Prabhakar, learncd Senror Counscl represenring Mr. Setty Ravi Teja, learned counsel appearing ior Lhe peuironers.
lMr. Abhijeet Talwar, learncd counsel rc,prcscnLing M/s TLtl n dvocates and SoliciLors appearing for thc |cspondcnr \o. l. (Pe r Ilon'bic J usticc MoushLrmi llllattacharl a)QBDER:. 1. The prcsent Civil Revrsion T)t:tition has been filcd against an order datcd 16.07.2026 passcd trv Lhc Iearned Commercial Court aL fl1'derabacl rn t.A.No.8O2 of 2026 in COP No.65 of 2026. rvhcreby the Commcrcial Court allowed the said I.A and granled a stav of thc cnforccmcnt oi the Arbitral Award dated 31.0t.2025, subjccl to thc conditron that the pctitioners dcposit 75ah of lhe arvardcd amount logclhcr with interest accrued l ihcrrcon rill rh,-' datc oi thc rmpugncd ordcr. u,ithin a pcriorl ol 'l'hc thrt'e u ecks irori rhc cj:rtc oi tltc in:puertcd ordcr. rr:spondent u.its gr;inrcd libcnv lo ."r.ithd ra',r the amount so d(rpi,sited. srlLtJC.tt Io lurnishing thc secrLritr equivalcnt to thc arn()unt deposited bv rhc pctittoners and an L, ndcrt aking 2 Thc pctitioncrs rrre thc' An ard l)cbtors :rnd thc rcspondent No. L is thc \s'arcl Ilolder in rcspect ol thc Arbitral Ar,,'ard dated :l I .()t .2025
3. The rt:r'ision pctiLioncrs iiled thc LA. undcr seotion 36 ol Thc {rbrtrartron and Conciliarion Act. 1996 scckinq suspenslon ol- tlrc openrtror ol rhc A\\.ard datecl 31 .0 t.2025 passcd bv thc lc:rrncd Arbilraror in Arbirrarion Casc No.l3l ol JO23. As stated abor r:. the (lommcrc:ia1 CorLrt allou.cd .hc' 1.A and grantcd inlcrm star .,i cll li) rcentc r-r t ol tht' n\\ar(1, subject to the con(lition rlrzrr thc pctrtioncrs dc-1.rosir 7l-r,,.. ol :hc au.arded amo'- L nt L It rs cle,a: iront thc impugned order th:l[ the pcti[ioners soLrght for :tn ,-rnconcliLional sta-r ol thc ,\rbttrarl .\r,,,arcl datcd 31 O 1 2O25 uncier thc scconcl pror rso ro sec.rion 36(3) ol thc 19()6 Act, thiclt pr:rrniLs rhc granL ol such rrr.rconlitional star onlv rvhere the Courl is saLrsficd Lhat a pima facie <:as<: is made out that ejther thc arbltration agreement or contract which forms the basis of the award, or the making of the award was induced or elfected by fraud or corruption. The Commercial Court was not sa tisficd n'ith the petitioners' plea for an uncondi[iona.l stay and accordrngly allowed the petiLioners'I.A by granting stay of the cnlorcement of the Arbitral Award dated 31.0 I .2O25 sublccL ro condiLion that thc pctitioncrs dcposit 75%, of rhc awarded amount togcthcr $'ith irlterest accrued lhercon till thc date of the impugncd ordt--r i.e., 1,6.O7.2026.
5. Although lcarned Scnior Counsel appearing lor the pctl tionc rs / Award Debtors contends that the petitioners are ready and u'illing to furnish security equrvalent to the awarded amount, wc are unable to accept the said contention since the Ar,,'ard datcd 3 i 0 | .2025 rs akin [o a moncv decree. The peti tione rs / Award Dcbtors have suffered the Award for a sum of Rs.91,10,502/- along with intercst @, 12% per annum on the principal sum of lis.57,12]1261- lrom ttre date of the petition till the date ol the Aq ard and furlhcr intercst (Q 6a/o per annum on the principal sum of Rs.57,)2.426l from thc date of the Award tiii the date ol realization ol the au'arded amount, -1 6. It is rtell sctried rhal an ,\u ard Debror musr cleposrr 100% of tnc ar"'arclcd arn,ruat ars al ( orldition f.l Llrr-. qritrtL of sta\. (rf .r.) -{t:LrC unrlcr sccrir:,n ,l(rl2) artrl i3) ol the 1q()6 Act 7. In thc prr_.sent (.:tse . thc Commert.ierl Court directed thc pctitloners to dcposir 7 51i, o['thc zlv:rrded.lrn.Junt ns opposccl tcr 10()r,. 'l'hc rcspondcnl No. I ,r A,"r.arcl Ilolder u,as permlttcd Lo uitirclrau '-he strrcl ,tntoLtnr subjccr to li.rrnrshing securitl etluivalent ro lhc, amount so rr ithr.lrar,,r.n zrnd zrn unclcrLal<ing. Ilcrrcc, u<'<lo nol iirrd an-\ rcilsolt ti.r intcrlcrr: u-ilh lht: tmpugtrccl or-cl( r
8. Sir-rt:r. :ht senk rl positiorr ol larrr rcclrrircs l0O.)1, rJcposit, \\'(,' .rre ol ihc vicr,i th.rt ihc 'l ria1 Court iras shcun sullic.rcni ieeu.,.rv to the prcririoncrs.i Auard I)ebtors br dirccting them to cicpost onh 75,),, of lhc alr,lrrdcd amounr. The rcspondcnt No. I rAu arcl Llolcicr rr:rs pcrnrirtcd ro u rLhdrarrv thc amount sub- r'ct to litrnishrng sr.r.lrritr cqut\ arlcnl tc thc said amounr. 9 'flte -jr-tdg:rc1t 6i hc Srrprcmg Court 1n Li.fe.st11le F,quitrcs C. V tLrtd anotltet Ys. Antazort 'l echnoloq[es ittc docs not come to Lhe irsslstance ol the l)(]tlLion(.rs sjrrr:e thc' Slrprcrne Court, 1r) thzrt casc. \\ as nol callcci upon to dcciclc issuc cl stay of an Arl;itr-al As ai:-cl r rnder sr.clion .if>(2 ancl (3) ,r1- rhc 1996> Act. Tho (1116)-l 5(( 6l 5 Supreme Court issued directions on the general principles govcrning thc grant of stay undcr Order XLI Rule 5 of The Code ol Civil Procedure, 1908. 10. C.R.P.No.26Uzl ol' 2026, along w,ith all connecrcd applications. is according[1, dismissed. I 1. Scnior Counsel appcaring lor the petitioners submits that the time granted by thc Commcrcial Court for depositing 7 So/o of t.he awarded the amount r:xpirccl on 06.O8.2026 and sceks an extenslon ol time to deposit thc am<>unt. We, hence. extend thc r.ime granted ior depositing the amount, as directed by the Commercial Court, t.ill 15.O9 .2tJ26. 12. There shall bc no ordcr as Lo costs SD/. S. MALLIKARJUNA RAO ASS TANT REGISTRAR //TRUE COPY// S CTION OFFICER
To, 1. The Judge Principal Special Court in the Cadre of ct Judge for Trial and Disposal of Commercial Disputes at Hyderabad. 2. One CC to Mr. Setty Ravi Teja Advocate [OPUC] 3. One CC to M/s.TLH Advocates And Solicitors [OPUC] 4. Two CD Copies KAM/Sa /'-:'\et HIGH COURT DATED: 031091202G ORDER y,.E S I/1lF 1 I GRP.No.2684 of 2026 , tr ir) lO 0 3 SiP 2U26 a.\,r , -t OES DISMISSING THE CRP. (,-\.' \ \J: r. cV ,/AA