Axis Bank Ltd. v. Anugula Ravi
Case brief
What is this about?
Arbitration application closed after the respondent complied with a conditional order for payment of installments. Liberty granted to file afresh on future default. Applicant directed to pay additional remuneration of Rs.25,000 to the Advocate Commissioner within two weeks.
What did the court decide?
Application closed with liberty to file fresh application on default in future installments; applicant to pay Advocate Commissioner Rs.25,000 additional remuneration.