High Court sets aside arbitral award favoring Travel Food Services
The Hon'ble High Court of Delhi has set aside an arbitral award dated September 26, 2022, that was in favor of Travel Food Services. The court ruled the arbitrator's appointment void, making the award a nullity. The company is assessing the implications.
The outcome of the litigation could have financial implications for the company, and the company is assessing these implications, indicating a medium impact.
The High Court's decision to set aside the arbitral award in favor of the company and deem it a nullity is a negative development.
Travel Food Services Limited has received an order dated April 6, 2026, from the Hon'ble High Court of Delhi, which was received by the company on April 12, 2026. This order allows a petition filed by the Airport Authority of India (AAI) under Section 34 of the Arbitration and Conciliation Act, 1996.
The petition challenged an arbitral award dated September 26, 2022, passed in favor of Travel Food Services by a sole arbitrator. This award was related to arbitration proceedings initiated by the company in 2018 concerning its operations at the Dabolim Airport, Panaji, Goa.
The High Court, without delving into the merits of the award, held that the unilateral appointment of the arbitrator by AAI was void ab initio, rendering the arbitral award a nullity. Consequently, the company's application for the execution of the arbitral award, filed in April 2024, has also been disposed of as infructuous.
Travel Food Services is currently assessing the implications of this order with its legal advisors and evaluating the appropriate course of action to protect its interests.
What to do with a filing like this
Travel Food Services Limited filed this with the NSE as a statutory disclosure, categorised under litigation updates. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Travel Food Services Limited. Read the original for the full detail.