Allowed¶49
Ramesh Jaywant Desale v. National Highways Authority of India through Its Project Director and Another
Bombay HCCA/7052/2025
Case brief
AI extract
What is this about?
Interim order permitting claimants to withdraw 50% of the amount deposited in pending Section 37 Arbitration Appeals challenging enhancement of National Highway land-acquisition compensation from Rs.1990 to Rs.2910 per square meter; respondents NHAI through Project Director and Another; withdrawal conditional on undertaking to refund within four weeks if appeals allowed; Bombay High Court, Aurangabad Bench; Arun R. Pedneker, J.; Arbitration and Conciliation Act 1996, Sections 34 and 37; Babulal Bhaurao Mali.
What did the court decide?
Permission to the applicants to withdraw the entire 50% amount deposited in this Court along with accrued interest thereon, on an undertaking to remit the amount back within four (04) weeks if the Arbitration Appeals are allowed. ¶49