M/S. Ashoka Foam Multiplast Private Limited v. the New India Assurance Co. Ltd.
Case brief
What is this about?
Execution petition for an arbitration award was disposed of after the court noted the Commercial Court, Dehradun had stayed the award under execution. The decree holder was granted liberty to revise the petition once the stay is vacated or modified.
What did the court decide?
Liberty to revise the petition under Section 36 once the stay on the award is vacated or modified.