National Highway Authority of India Thr. Project Director, Implementation Unit, Nanded v. Nandkumar Ratanlal Jaiswal
Case brief
What is this about?
NHAI compensation withdrawal; Arbitration Appeal No. 12 of 2025; Civil Application (M) No. 66 of 2025; High Court of Judicature at Bombay, Nagpur Bench; Abhay J. Mantri, J.; interim permission to withdraw 50% of deposited compensation; award confirmed by District Court, Yavatmal on 23/08/2024; Award dated 08/08/2018; deposit made 08/04/2025; transfer with accrued interest within three weeks; land acquisition/arbitration compensation; respondent No.1 applicant Nandkumar Jaiswal; advocates A.A. Kathane, A.B. Nakshane, Hemlata Dhande (AGP).
What did the court decide?
Permission granted to respondent No.1/applicant to withdraw 50% of the compensation amount deposited by the appellant in this Court on 08/04/2025, on the usual terms and conditions; the amount, along with accrued interest, to be transferred to the applicant's bank account within three weeks upon furnishing bank account details, as per the Award dated 08/08/2018.