The High Court addressed the restriction on the petitioner's ...
Court held that end of lease doesn't negate petitioner's claim for GST amounts. Arbitral tribunal to decide. Limited protection granted.
June 11, 2024
Case Laws GST HC
The High Court addressed the restriction on the petitioner's claim for GST amounts due to the end of the agreement between the respondent and the renter. The court held that the agreement's termination does not negate the petitioner's claim. The court determined that the arbitral tribunal is the appropriate forum to decide the petitioner's entitlement under the assignment agreements. An interim order was granted, restraining the respondent from dealing with the Escrow Account pending arbitration proceedings u/s 17 of the Arbitration and Conciliation Act, 1996. Application allowed.
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