The Project Director, National Highway Authority of India Thr Project Director v. Nareshchandra Maheschandra Agrawal
Case brief
What is this about?
Interlocutory order in Arbitration Appeal No. 68 of 2025 (National Highways Authority of India v. Nareshchandra Maheshchandra Agrawal and others), Bombay High Court Nagpur Bench, allowing withdrawal of deposited compensation of Rs. 3,21,01,746/- in 2/3rd (applicant No. 1) and 1/3rd (applicant Nos. 2 to 6) shares; slab-system calculation sheet dated 11-06-2025; mutual consent affidavits among co-applicants; payment routed through Registrar (J) on usual undertakings; personal appearance exempted; no statutory provisions or precedents cited.
What did the court decide?
Applicant No. 1 permitted to withdraw 2/3rd of the compensation amount out of Rs. 3,21,01,746/-; applicant Nos. 2 to 6 entitled to 1/3rd of the said amount on furnishing the usual undertaking; share of applicant Nos. 2 to 4 and 6 to be paid to the bank account of applicant No. 5; Registrar (J) directed to transfer the 2/3rd and 1/3rd shares to the bank accounts of applicant Nos. 1 and 5 respectively on furnishing bank account details and usual undertakings; personal appearance of the applicants exempted; application disposed of accordingly.