https://www.taxtmi.com/caselaws?id=200344 The court held that the execution of the award is not automatically suspended upon filing an application under Section 34 of the Arbitration and Conciliation Act, 1996 without the mandatory deposit under Section 19 of the Micro, Small and Medium Enterprises Development Act, 2006. Additionally, the execution of the award is not barred under the Sick Industrial Companies (Special Provisions) Act, 1985 due to the petitioner's failure to demonstrate the inclusion of the awarded amount in a scheme approved by the Board for Industrial and Financial Reconstruction. The writ petition was dismissed, upholding the trial court's decisions. en-us Fri, 25 Nov 2016 00:00:00 +0530 Mon, 26 Mar 2018 15:03:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=200344 The court held that the execution of the award is not automatically suspended upon filing an application under Section 34 of the Arbitration and Conciliation Act, 1996 without the mandatory deposit under Section 19 of the Micro, Small and Medium Enterprises Development Act, 2006. Additionally, the execution of the award is not barred under the Sick Industrial Companies (Special Provisions) Act, 1985 due to the petitioner's failure to demonstrate the inclusion of the awarded amount in a scheme approved by the Board for Industrial and Financial Reconstruction. The writ petition was dismissed, upholding the trial court's decisions. Case-Laws Indian Laws Fri, 25 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=200344