Bikaner House gets conditional stay on attachment in arbitration dispute
3 weeks, 2 days ago

Bikaner House gets conditional stay on attachment in arbitration dispute

New Indian Express  

NEW DELHI: A Delhi court on Friday granted a conditional stay on the attachment of Bikaner House, a property owned by Nagar Palika of Nokha, Rajasthan. District Judge Vidya Prakash of Patiala House Court issued the stay, subject to Nagar Palika depositing the fixed deposit receipt equivalent to the dues within a week. The arbitral award, amounting to Rs 50,31,512, was passed in favour of M/S Enviro Infra Engineers in 2020 and attained finality after Nagar Palika’s appeal was dismissed earlier this year. However, the continued absence of representation from the Nagar Palika during the execution proceedings prompted the court to order the attachment of Bikaner House on September 18.

History of this topic

Delhi court defers attachment of iconic Bikaner House
3 weeks, 3 days ago
Delhi court issues attachment order for iconic Bikaner House
1 month ago
Delhi court orders attachment of Bikaner House in Delhi for non-compliance of agreement
1 month ago

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