Hombale Constructions and Estates Private Limied v. Nbcc India Limited
Case brief
What is this about?
The High Court of Karnataka allowed a writ petition filed by a construction company seeking mandatory relief to pay the dues of its satisfactorily completed R&D wing project. The court directed the respondents to release an amount of Rs. 1.24 crores within four weeks based on their undertaking. The plea of interest was kept open.
What did the court decide?
Respondents directed to pay Rs. 1.24 crores within four weeks of receipt of order copy. Plea for interest kept open.