Disposed
Union of India v. a Cube Associates
Rajasthan HCCSTAY/803/2024
Case brief
AI extract
What is this about?
This order disposed of a stay application in a civil miscellaneous appeal challenging an arbitral award. The High Court stayed the execution of the award subject to the deposit of Rs.15 lacs by the appellants into the Commercial Court within eight weeks, to be invested in an FDR.
What did the court decide?
Stay of execution of the impugned arbitral award subject to the deposit of Rs.15 lacs with the Commercial Court within eight weeks and investment in an FDR.