M/s Zamil Construction India Pvt. Ltd. v. M/s Nilpeter India Private Limited
Case brief
What is this about?
Madras High Court order dated 03.02.2025 by Abdul Quddhose, J., disposing of A.Nos.3504 and 3505 of 2024 in Arb. O.P. (Com.Div.) Nos.259 and 260 of 2024 (M/s.Zamil Construction India Pvt. Ltd. v. M/s.Nilpeter India Pvt. Ltd.). Compliance with the Court's order dated 15.07.2024 was recorded, the petitioner having deposited Rs.1,50,000/- to the credit of the Arb. O.P.s, and stay of execution of the arbitral awards under challenge in Arb. O.P. (Com.Div.) Nos.259 and 260 of 2024 was granted until further orders. The Arb. O.P.s were posted for final disposal on 27.02.2025.
What did the court decide?
Stay of the execution of the arbitral awards, which are the subject matter of challenge in Arb. O.P. (Com.Div.) Nos.259 and 260 of 2024, until further orders. ¶7