Lalit Modi's Plea Challenging Arbitration Award Over Vasant Vihar Property Dismissed: Delhi High Court
The Delhi High Court has dismissed the challenge filed by Lalit Modi against an arbitral award arising from a property dispute with BDR Builders and Developers Private Limited. Justice Harish Vaidyanathan Shankar, in a judgment pronounced on 18 August 2026, held that Lalit Modi failed to establish any statutory ground under the Arbitration and Conciliation Act, 1996 for setting aside the award. The dispute relates to a freehold built-up property…