Neo Sports Broadcasting Pvt. Ltd. v. Cable Vision
Case brief
What is this about?
A petition under Section 11 of the Arbitration and Conciliation Act was disposed of by the Telecom Disputes Settlement and Appellate Tribunal. The Tribunal passed an ex parte decree in favor of the petitioner due to the respondent's absence and ordered the respondent to pay Rs. 3,67,389/-. The petitioner's claim for 24% interest was reduced to 9% per annum.
What did the court decide?
Decree passed in favor of the petitioner for a sum of Rs. 3,67,389/- with interest.