Bharat Petroleum Corporation Limited v. the Great Eastern Shipping Company Limited
Case brief
What is this about?
Stay of execution of arbitral award — Bombay HC Commercial Arbitration Petition No.22 of 2025, M/s Bharat Petroleum Corporation v. The Great Eastern Shipping Company Limited (Somasekhar Sundaresan J., August 5, 2025): conditional stay of execution of the impugned award upon deposit of the awarded amount with interest with the Court's Registry by August 14, 2025; matter tagged with companion Commercial Arbitration Petition No.160 of 2025 for listing on September 4, 2025; interim order, final hearing pending; no statutes or precedents cited; award quantum and interest rate not disclosed in the order.
What did the court decide?
Interim conditional stay of execution of the impugned award, subject to deposit of the amount as awarded, with interest computed until the date of deposit, with the Registry of the Court by August 14, 2025; matter to be tagged and listed along with Commercial Arbitration Petition No.160 of 2025 on September 4, 2025.