Shristi Infrastructure Development Corporation Ltd. v. Sunway Construction Sdn Bhd
Case brief
What is this about?
The court dismissed the petition for enforcement of an arbitral award, noting it was stayed by another court under Section 34 of the Arbitration and Conciliation Act, 1996 contingent on a deposit. The court granted liberty to revive the petition if the deposit is not made.
What did the court decide?
Proceedings closed with liberty to revive the petition if the amount is not deposited by the time directed by the court.