2021 (4) TMI 1344

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....anathan, Sr. Adv., Mr. Saurav Agrawal, Adv., Mr. Sahil Tagotra, AOR, Mr. Anshuman Chowdhury, Adv., Mr. Sai Abhishek, Adv., Mr. Dev Priya Singh, Adv. For the Respondent : Mr. Tushar Mehta, SG, Mr. Raghavendra S. Srivatsa, AOR, Mr. S.Sriranga, Adv, Ms. Komal Mundhra, Adv, Mr. Likhi Chand Bonsle, Adv O R D E R 1) Leave granted. 2) We have heard Mr. K.V. Viswanathan, learned Senior Advocate appear....

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....tition filed by the respondent was allowed in which a deposit of 50% of the principal amount of Rs. 56.23 Crores was ordered. 4) Despite this Court repeatedly referring to Section 5 of the Arbitration Act in particular and the Arbitration Act in general and despite this Court having laid down in Deep Industries Ltd. Vs. ONGC & Anr. (2020) 15 SCC 706 that the High Court under Article 226 and 227 s....