Allowed
M/S. Cholamandalam Investment and Finnce Co., Ltd. v. Mr.Shakti Popatlal Dabhi and Another
Madras HCArb Appln/173/2022
Case brief
AI extract
What is this about?
In an application for execution of an arbitral award, this court directed the registry to pay a court deposit of Rs.1,48,200 to the applicant institution. The payment is to be adjusted against the arbitral award while noting that the second respondent did not contest the application.
What did the court decide?
Registry directed to pay Rs.1,48,200 out of court deposit to the applicant on condition that it be adjusted against the arbitral award date 02.02.2018.