Dagubai Omprakash Sharma v. National Highways Authority of India through Its Project Director and Another
Case brief
What is this about?
Aurangabad Bench, Bombay HC (Arun R. Pedneker, J., 07.03.2026): withdrawal of 50% arbitration appeal deposit with accrued interest permitted on undertaking to refund within four weeks if Section 37 appeals succeed; CALA rate Rs.1990/sq.m., Arbitrator enhancement Rs.2910/sq.m., deposits Rs.82000/- to Rs.2,30,000/-; Arbitration and Conciliation Act 1996 Sections 34 and 37; Civil Applications Nos. 7045, 7048, 7049, 7050, 7052, 7053 of 2025 in ARBA matters.
What did the court decide?
Applicants permitted to withdraw the entire 50% amount deposited in the Arbitration Appeals along with accrued interest, on an undertaking to remit the amount back within four weeks if the Appeals are allowed; Civil Applications No.7045, 7048, 7049, 7050, 7052 and 7053 of 2025 allowed and disposed of accordingly. ¶49