Sreeram Transport Finance Co.Ltd v. Reeni Thomas
Case brief
What is this about?
The High Court addressed whether an application to set aside an arbitral award was filed within the statutory limitation. The court remanded the matter on the condition that the respondent pay a portion of the award amount within three months.
What did the court decide?
The respondent must pay Rs. 2,00,000 towards the alleged award debt within three months; the proceedings in O.P.(Arbitration) No. 59/2009 shall continue.