Tag: arbitral award

Bombay HC upholds arbitral award in favour of Government of Israel, directs city-based firm to return security deposit

Source: barandbench.com The Bombay High Court recently upheld an arbitral award passed in favour of the Government of Israel, and directed a company in South Mumbai to refund a security deposit worth Rs. 1.17 crore paid for office space given on rent basis for the Israeli Consulate between 2009 and 2012. Justice RD Dhanuka passed an order to

Bombay High Court upholds 2016 arbitral award, tells Mehras to pay Rs 700 crore

Source: indianexpress.com The Bombay High Court on Monday upheld an arbitral award, directing city-based businessmen brothers Yogesh Mehra and Ajay Mehra to pay about Rs 700 crore тАШsiphoned offтАЩ by them from a joint venture (JV) company between them and German wind turbine major Enercon GmbH. Advertising The order, passed by a single judge of