V.KAMESWAR RAO
Dewan Chand – Appellant
Versus
Union of India – Respondent
1. This Ex. Petition has been filed by the decree holder seeking execution of order and judgment dated July 20, 2012 passed in OMP 183/2003.
2. The brief facts are, inter se disputes between the parties were adjudicated by the sole Arbitrator in terms of award dated December 31, 2002 whereby the learned Arbitrator has awarded an amount of Rs.32,17,871.50/- with future interest at 18% per annum on the awarded amount. The objections to the said award u/s 34 of the Arbitration & Conciliation Act were rejected by the Single Judge of this Court vide its order dated July 20, 2012 in OMP 183/2003. The learned Single Judge while disposing of the OMP 183/2003, was of the view that as regards any further amount that may be payable to the petitioner it would be open to petitioner to file an execution petition in accordance with law including the claim with regard to bank charges and deferential interest.
3. It may be noted here, during the pendency of the aforesaid OMP, 183/2003, this court had granted permission to the petitioner in the OMP i.e. the Judgment Debtor herein to deposit the awarded amount in the court within two weeks. On such deposit the petitioner herein was given perm
P.S.L. Ramanathan Chettiar and Ors., Vs. O. Rm. P. Rm. Ramanathan Chettiar
Login now and unlock free premium legal research
Login to SupremeToday AI and access free legal analysis, AI highlights, and smart tools.
Login
now!
India’s Legal research and Law Firm App, Download now!
Copyright © 2023 Vikas Info Solution Pvt Ltd. All Rights Reserved.