Ardee Infrastructure Pvt. Ltd vs Yashpal & Sons on 6 January, 2017

1. These appeals are taken up together as they arise out of the common

order dated 31.05.2016 passed in, inter alia, OMP Nos. 7 & 8 of 2016

FAO (OS) Nos.221/16 & 222/16 Page 1 of 30
which were petitions under Section 34 of the Arbitration and Conciliation

Act, 1996 (hereinafter referred to as ‗the said Act’). Those petitions had

been filed against an award dated 13.10.2015. The petitions were filed on

04.01.2016.

2. The appellants are aggrieved by the impugned order because the

learned single Judge has directed the appellants to deposit a sum of Rs 2.70

crores without prejudice to the rights and contentions of the parties and

subject to the deposit being made, it was directed that notice may be treated

as issued to the respondents on the objections filed by the petitioners under

Section 34 of the said Act. It was also directed that in case the amount was

not deposited by the petitioners, the objections filed by them under Section

34 of the said Act would be treated as dismissed.

Source: Indian Kanoon

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