J.K.INDUSTRIES LTD.(NOW J.K.TYRE & IN.L) vs D.S.STRATAGEM TRADE A.G. — SLP(C) No. 7849/2012

Case under Section I-B. Status: Disposed.

Disposed

CNR: SCIN010068552012

Filing Date

25-Feb-2012

Registration No

SLP(C) No. 7849/2012

Diary Number

6855/2012

Order Date

30-Mar-2012

Document Type

ROP - of Main Case

Disposal Type

Dismissed

Last updated 05-Jul-2026

Acts & Sections

Section I-B

Petitioner(s)

  1. 1.J.K.INDUSTRIES LTD.(NOW J.K.TYRE & IN.L)

Respondent(s)

  1. 1.D.S.STRATAGEM TRADE A.G.

    Adv. RAJINDER NARAIN & CO.[Caveat]

Case History

  1. Case disposedDisposed

  2. 30-Mar-2012

    ROP - of Main CaseView PDF

  3. 23-Mar-2012

    ROP - of Main CaseView PDF

  4. 25-Feb-2012

    Case filed

    Registration No. SLP(C) No. 7849/2012

View Full Judgment
casestatus.in Summary

Summary: SLP(C) No. 7849/2012 - J.K. Industries Ltd. v. D.S. Stratagem Trade A.G. The Supreme Court dismissed J.K. Industries' special leave petition challenging a Delhi High Court order upholding an arbitral award, but partially modified it. The Court rejected the petitioner's argument that awarding interest on penal interest (USD 377,624) violates public policy and the cost award contention, finding no merit in either. However, accepting the respondent's concession, the Court held that petitioner shall not pay any interest on the penal interest amount after December 31, 1997, but remains liable to pay interest on USD 848,750 as awarded. The petition was dismissed with this modification. This case analysis is maintained by casestatus.in based on publicly available court records.

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