National Highways Authority of India v. M/S Itd Cemindia (Jv)
Case brief
What is this about?
Section 34 petition challenging an arbitral award was permitted to be withdrawn by the petitioner in light of a settlement between the parties; the settlement was taken on record and the petition was disposed of as withdrawn.
What did the court decide?
Permission granted to withdraw the Section 34 petition on account of settlement between the parties.