2023 (10) TMI 1449

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..... he Registry is directed to release the amount of Rs.7.5 crores along with interest accrued thereon in favour of the Respondent. Application disposed off. - DR. JUSTICE S.K. PANIGRAHI For the Appellant : Mr. P. Mehta, Adv. For the Respondent : Mr. Vegesna Subba Raju (In person), Mr. Ranjan Singh, Adv. ORDER I.A. No.29 of 2023 1. This matter is taken up through hybrid arrangement. 2. This I.A. is .....

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..... he above amount unconditionally. The payment of the balance amount which is due and payable in terms of the award, save with the modification that interest shall be computed at the rate of 12%, shall be made over to the respondent on or before 30 November 2023. 5. Upon the payment being made to the respondent, the execution proceedings shall stand closed subject to proof of payment being produced .....

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