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Daily Status
Special Courts for Trial and Disposal of Commercial Disputes, Andhra Pradesh Case No : COP - 28/2022 Diary No : 3653605000622022 Madhucon Projects Limited VS Absolute Built Concept Private Limited. Listing Date : 23/07/2024 |
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Hearing Details |
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| Date | 23/07/2024 | Court No. | 1 | |
| Proceedings Summery | IA.No.16 of 2022 is allowed conditionally. Call on 29.08.2024. IA.No.16 of 2022 Orders pronounced in the Open Court vide separate order. In the result, the petition is allowed granting stay of enforcement of the Award dated 04.05.2021 passed by the learned Arbitral Tribunal subject to condition of depositing of 50% of the awarded amount together with interest till this date by the petitioner, within a period of four weeks from the date of this order. On such deposit, the respondent is at liberty to withdraw the said amount subject to furnishing the security. | Stage Of Case | Call with I.As. | |