Malu Sleepers Ltd., v. the Union of India
Case brief
What is this about?
The High Court of Madras allowed both appellants to withdraw their intra-court appeals under Section 37 of the Arbitration and Conciliation Act, 1966. The court granted liberty to approach the appropriate authority under the Interest on Delayed Payments to Small Scale and Ancillary Industries Undertakings Act, 1993, while keeping all substantive questions open.
What did the court decide?
Withdrawal of appeals with leave; liberty and liberty granted to approach the authority under the Interest on Delayed Payments to Small Scale and Ancillary Industries Undertakings Act, 1993.