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Where Arbitral Award In Nature Of Money Decree, Requirement Of 100% Deposit Of Award For Grand Of Stay: Bombay High Court

The Bombay High Court single bench of Justice R.I. Chagla held that where the arbitral award is in the nature of money decree, there is a requirement for deposit of 100% of the awarded amount for.

A close look at Issue of Security Deposit under Arbitration and Conciliation Act vis-à-vis Order XLI Rule 5 of Civil Procedure Code

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