M/s Indusind Bank Ltd. v. Jayanthi a
Case brief
What is this about?
Advocate Commissioner reported seizure of vehicle/machinery and handover of custody to the applicant. The court awarded additional remuneration of Rs.20,000/- payable by the applicant, held nothing survived in the application, closed it, and directed the applicant to initiate arbitral proceedings within 90 days.
What did the court decide?
Additional remuneration of Rs.20,000/- to Advocate Commissioner; application closed with liberty to initiate arbitration within 90 days.