Synopsis

The petitioner (Agriculture Insurance Company) challenged an arbitral award that allowed the respondent’s claim for payment for 4,94,282 ILA survey forms rejected solely on the ground that they were submitted after 30.04.2023. The petitioner argued that the respondent’s email dated 07.08.2023 and acceptance of payments amounted to a full and final settlement, estopping the respondent from raising further claims. The High Court dismissed the Section 34 petition, holding that: (i) the arbitrator had given detailed reasons; (ii) the deadline of 30.04.2023 was not contractually stipulated and was introduced only on 27.04.2023; (iii) the email did not constitute an unequivocal acceptance of full and final settlement; (iv) no patent illegality or perversity was made out. The court reaffirmed the limited scope of interference under Section 34.

Court: High Court of Delhi at New Delhi

Coram: Hon’ble Mr. Justice Harish Vaidyanathan Shankar (Single Judge)

Date of Decision: 28th April 2026

Citation: O.M.P. (COMM) (unreported) (2026:DHC:8941 – inferred)

Core Law: Arbitration and Conciliation Act, 1996 – Section 34 (setting aside arbitral award); Patent illegality, perversity, full and final settlement.

1.  Heading of the judgment

High court of delhi at new delhi

O.m.p. (comm) (unreported) – judgment dated 28th april, 2026

Agriculture insurance company of india (petitioner) vs. Semantic technologies & agritech services pvt. ltd. (respondent)

Coram: hon’ble mr. justice harish vaidyanathan shankar

Date: 28th april, 2026

2. Legal framework

Major laws and provisions involved:

• Arbitration and conciliation act, 1996 – section 34 (setting aside award on grounds of patent illegality, perversity, conflict with public policy)

• Indian contract act, 1872 – principles of full and final settlement, esto

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