Mecwel Constructions Private Limited v. Ge Power Systems India Private Limited & Anr.
Case brief
What is this about?
The High Court directed the return of the fixed deposit receipt furnished by the respondent during arbitrator appointment, holding that the directions were intended to operate only till the final disposal of proceedings. Since the Arbitral Tribunal had terminated the proceedings, the court could not bind the respondents to continue the arrangement, though it left the petitioner free to seek simila
What did the court decide?
Direction to return fixed deposit receipt to respondent disposed.