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Securing interest of Award if Award is to be stayed
1
The requirement of pre-deposit prescribed u/s 19 of MSMED Act would prevail over the provisions of Order 27 Rule 8-A C.P.C. and any other law whilst challenge u/s 34.
2
During the pendency of S.34 Petition, the Award holder should be secured for the entire amount awarded by the Arbitral Tribunal along with interest and other costs.
Securing interest of Award if Award is to be stayed
1
The requirement of pre-deposit prescribed u/s 19 of MSMED Act would prevail over the provisions of Order 27 Rule 8-A C.P.C. and any other law whilst challenge u/s 34.
2
During the pendency of S.34 Petition, the Award holder should be secured for the entire amount awarded by the Arbitral Tribunal along with interest and other costs.
Securing interest of Award if Award is to be stayed
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