1. GA-COM/4/2024 is an application seeking deposit of additional cash
security by the award debtors for the remainder of the awarded amount
together with accrued interest as on December 31, 2023. The award holder
is the applicant. The dues calculated as per the award as on 31st
December, 2023 stood at Rs. 5,32,80,181/-.
2
2023:CHC-OS:1728
2. The dispute between the parties was that, the award debtor did not pay the
bills raised by the applicant, despite complete execution of the work. The
award holder invoked arbitration under clause 25 of the conditions of the
contract. A statement of claim was filed before the learned Arbitrator and
upon considering the facts and circumstances, the learned Arbitrator
passed the award on July 2, 2022.
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