The Pallikkunnu Service Co. Operative Bank Ltd.No. C.350 v. the Co. Operative Arbitration Court (Northern)
Case brief
What is this about?
Writ petition by a cooperative bank to quash an Arbitration Court order extending the validity of interim measures. The High Court dismissed the petition after the Government Pleader reported the petitioner had been served notice and filed a counter statement, vacating the interim stay.
What did the court decide?
Writ petition dismissed with consequential vacation of the interim stay. The Arbitration Court is directed to dispose of the matter within four months.