National Highways Authority of India Piu Jalgaon through Project Director Shivaji v. Pawar v Hind Seva Mandal Staff Co-Op Credit Society Ltd. through Its Chairman and Another
Case brief
What is this about?
Delay condonation (40 days) in arbitration appeals; withdrawal of 50% deposited differential land-acquisition compensation permitted with accrued interest, conditional on 8-week refund undertaking if appellant succeeds; NHAI objection citing Supreme Court SLP(C) 27289/2024 (20.2.2025) on bank-guarantee security considered but not adopted as condition; compensation enhanced Rs. 805 to Rs. 2900 per sqm under section 3(G)(5) of the Arbitration and Conciliation Act; section 34 applications dismissed; Bombay HC Aurangabad, Arun R. Pedneker, J.
What did the court decide?
40-day delay in filing the arbitration appeals condoned; claimants permitted to withdraw the entire 50% differential amount deposited by the appellant with accrued interest, if any, subject to undertaking to refund within eight weeks if the appellant succeeds in the appeals.