Judgments
Judgments
  1. Home
  2. /
  3. Madras High Court
  4. /
  5. 2017
  6. /
  7. January

Tata Projects Limited vs Shyam Construction

Madras High Court|19 January, 2017

JUDGMENT / ORDER

(Delivered by the Hon'ble Chief Justice) A discretionary order has been passed by the learned Judge calling into Court the amount awarded as per the award of Rs.9,42,517/- with interest at 9% per annum to be kept in a fixed deposit with a nationalized bank to earn interest.
2. It is not the case of the appellant that they are in financial distress and are unable to deposit the amount. Not only that, an actual date of hearing has further been given in respect of the two original petitions.
3. The appeal is primarily based on an apprehension of a possible order which may be passed on the application of the respondent for release of the amount, while no such order has been passed as yet.
In view of the aforesaid, the appeal is dismissed. Consequently, C.M.P.No.522 of 2017 is closed.
Disclaimer: Above Judgment displayed here are taken straight from the court; Vakilsearch has no ownership interest in, reservation over, or other connection to them.
Title

Tata Projects Limited vs Shyam Construction

Court

Madras High Court

JudgmentDate
19 January, 2017