The case involves a petition where the counsel for the petitioner has drawn attention to an ex parte award dated 27.04.2016 against the corporate debtor. The award has been challenged under Section 34 of the Arbitration Act before the Bombay High Court, and an interim stay order has been passed by the Bombay High Court, operating since 12.02.2018. Due to the stay order, the amount cannot be recovered or paid.
An ex parte award was issued on 27.04.2016 against the corporate debtor. This award was challenged under Section 34 of the Arbitration Act before the Bombay High Court. The Bombay High Court issued an interim stay order, effective from 12.02.2018, which prevents the recovery or payment of the amount related to the award. The petitioner is taking steps to vacate the stay order. The case is listed for further consideration on 20.11.2018. The relevance of the stay order is that it currently prevents the enforcement of the award.
Sign in to view the parties.
An ex parte award was…
The Bombay High Court passed an interim order…
The case involves a petition where the counsel for the petitioner has drawn attention to an ex parte award dated 27.04.2016 against the corporate debtor. The award has been challenged under Section 34 of the Arbitration Act before the Bombay High Court, and an interim stay order has been passed by the Bombay High Court, operating since 12.02.2018. Due to the stay order, the amount cannot be recovered or paid.
An ex parte award was issued on 27.04.2016 against the corporate debtor. This award was challenged under Section 34 of the Arbitration Act before the Bombay High Court. The Bombay High Court issued an interim stay order, effective from 12.02.2018, which prevents the recovery or payment of the amount related to the award. The petitioner is taking steps to vacate the stay order. The case is listed for further consideration on 20.11.2018. The relevance of the stay order is that it currently prevents the enforcement of the award.
An ex parte award was…
The Bombay High Court passed an interim order…