M/S Taneja Vidyut Control Pvt. Ltd. v. Kolkata West International City Pvt. Ltd.
Case brief
What is this about?
Arbitration petition disposed of in terms of an out-of-court settlement under which the respondent acknowledged liability of Rs. 4,83,195 and handed over three cheques. The respondent gave an undertaking to honour the cheques, accepted by the court with contempt consequences for breach.