The court disposed of applications seeking security for arbitration and recalled an earlier order regarding property attachment. It directed the respondent to furnish the claimed security within two weeks.
Respondent directed to furnish security within two weeks; earlier order attaching property recalled.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
Application Nos.465 and 466 of 2020
Application Nos.465 and 466 of 2020
N. SATHISH KUMAR,J
Application No.465 of 2020 has been filed to direct the respondent to
furnish security amounting to Rs.88,97,695/- pending disposal of the
Arbitration.
2. Application No.466 of 2020 has been filed to direct the respondent to
furnish security amounting to Rs.1,77,95,390.50 pending disposal of the
Arbitration.
3. Heard Ms.Tanushree Arvind, learned counsel for the petitioners.
furnish security, on 16/9/2021, none appeared for the respondent today.
and no details of immovable property has been furnished in the petition.
Page No:1/6
Application Nos.465 and 466 of 2020
N.SATHISH KUMAR,J
mvs.
Page No:2/6
2 issues framed by the court
Whether to direct the respondent to furnish security pending disposal of arbitration.
Whether the order directing attachment of immovable property remains effective.
Ms. Tanushree Arvind
Mr. M.V. Sathish
N. Sathish Kumar
M.V. Sathish
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
