Rites Limited v. Hcil-Arssspl Triveni (Jv)
Case brief
What is this about?
Arbitration-related petitions by RITES Limited against HCIL-ARSSSPL Triveni (JV) were withdrawn after the parties settled their disputes under the Vivad se Vishwas Scheme II; the court dismissed the petitions as withdrawn and ordered refund of any deposited amount with accrued interest.
What did the court decide?
Petitions dismissed as withdrawn; refund of any deposited amounts with accrued interest ordered.