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Bikaner House gets conditional stay on attachment in arbitration dispute

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, …

Court defers attachment of Delhi’s iconic Bikaner House

A Delhi commercial court on Friday deferred the attachment order of the historic Bikaner House, granting the Rajasthan Municipal Corporation of Nokha a week to deposit ₹50.31 lakh, the amount mandated by a 2020 arbitral award in favour of a private company. The order followed intense exchanges in the courtroom, with the Rajasthan government contesting the attachment by asserting that …

Delhi court defers attachment of iconic Bikaner House

A Delhi court on Friday deferred the attachment of the iconic Bikaner House, granting the Rajasthan government and the Nokha Municipal Authority a week to deposit the ₹50.31 lakh arbitral award owed to a private enterprise, Enviro Infra Engineers Pvt Ltd. The order came after the Rajasthan government contested the attachment saying Bikaner House does not belong to the municipal …

Delhi court issues attachment order for iconic Bikaner House

A Delhi commercial court has issued an attachment order for the iconic Bikaner House in Delhi after the Municipal Corporation of Nokha failed to comply with a 2020 arbitral award mandating the payment of ₹50.31 lakh to a private enterprise. The order, issued by district judge Vidya Prakash at Patiala House, came in response to the civic body’s non-payment and …

Attachment

Delhi court orders attachment of Bikaner House in Delhi for non-compliance of agreement

In a significant development, the Patiala House Court in the national capital ordered the attachment of Bikaner House, which is owned by Rajasthan Municipal Corporation. In its order, Judge Vidya Prakash of the Commercial Court in Delhi's Patiala House Court said, "Since you failed to fulfill the agreement passed against you on January 21, 2020 in favor of Enviro Infra …