1100 Crore Arbitral Award? Delhi High Court Adjourns Enforcement Proceedings On Central Govt's Request Subject To Rs 50K Cost

The Delhi High Court on Tuesday imposed Rs. 50,000 cost on Central government for seeking repeated adjournments in a petition for enforcement of an arbitral award, allegedly having a monetary value of over Rs.1100 crores.The bench of Justice Prateek Jalan noted that the Union had sought another adjournment despite the objections of party seeking enforcement and the assurance given by the Union...