Execution of arbitral award - the arbitral proceedings were ...

Court Rules Arbitral Award Execution Valid Despite Insolvency Proceedings; Petitioner's Objections Not Within Challenge Scope.

July 20, 2023

Case Laws Insolvency and Bankruptcy HC

Execution of arbitral award - the arbitral proceedings were initiated prior to insolvency resolution date, suspended during the moratorium period, resumed upon expiry of the moratorium period and the approved resolution plan did not determine the claim of the respondent as nil - This court is of the considered view that the points raised by the petitioner objecting to the execution of the arbitral award were not fit to be entertained at the stage of execution. The grounds do not fit in the very narrow scope of assailing the award as nullity. - HC

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Execution of arbitral award - the arbitral proceedings were ...

Court Rules Arbitral Award Execution Valid Despite Insolvency Proceedings; Petitioner's Objections Not Within Challenge Scope.

July 20, 2023

Case Laws Insolvency and Bankruptcy HC

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