https://www.taxtmi.com/caselaws?id=276779 An award requiring payment to a third-party creditor or an effective discharge of the opposite party's liability does not relieve the original obligors unless the creditor clearly accepts a substituted debtor; partial payment and informal correspondence are insufficient. Clause 7 of the award, read as a whole, shows that on default the respondents were to regain both possession and proprietary title, not possession alone. The award created enforceable obligations and was therefore executable, not merely declaratory. The default clause was not treated as penal, so no relief was available on that ground. en-us Wed, 28 Mar 1973 00:00:00 +0530 Sat, 17 Nov 2018 11:36:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=276779 An award requiring payment to a third-party creditor or an effective discharge of the opposite party's liability does not relieve the original obligors unless the creditor clearly accepts a substituted debtor; partial payment and informal correspondence are insufficient. Clause 7 of the award, read as a whole, shows that on default the respondents were to regain both possession and proprietary title, not possession alone. The award created enforceable obligations and was therefore executable, not merely declaratory. The default clause was not treated as penal, so no relief was available on that ground. Case-Laws Indian Laws Wed, 28 Mar 1973 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=276779