https://www.taxtmi.com/caselaws?id=383020 Section 36 of the Arbitration and Conciliation Act, 1996 gives the court discretion to stay enforcement of an arbitral award on conditions it deems fit, while the CPC is only a guiding framework. Order XXVII Rule 8A exempts the Government from furnishing security, but it does not bar the court from imposing other conditions or create an automatic unconditional stay. The court may therefore direct deposit of the awarded amount or part thereof in a Government stay application, and unconditional stay is not justified. The decision preserves equal treatment of parties and the amended object of preventing automatic suspension of award enforcement. en-us Fri, 12 Jul 2019 00:00:00 +0530 Fri, 07 Feb 2025 15:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=383020 Section 36 of the Arbitration and Conciliation Act, 1996 gives the court discretion to stay enforcement of an arbitral award on conditions it deems fit, while the CPC is only a guiding framework. Order XXVII Rule 8A exempts the Government from furnishing security, but it does not bar the court from imposing other conditions or create an automatic unconditional stay. The court may therefore direct deposit of the awarded amount or part thereof in a Government stay application, and unconditional stay is not justified. The decision preserves equal treatment of parties and the amended object of preventing automatic suspension of award enforcement. Case-Laws Indian Laws Fri, 12 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=383020