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Supreme Court of India · 2021-10-08

GUJARAT STATE DISASTER MANAGEMENT AUTHORITY vs M/S ASKA EQUIPMENTS LTD.

Citation / case number
SC 2019/37891
Court
Supreme Court of India
Petitioner
GUJARAT STATE DISASTER MANAGEMENT AUTHORITY
Respondent
M/S ASKA EQUIPMENTS LTD.
Author
HON'BLE MR. JUSTICE M.R. SHAH
Bench
HON'BLE MR. JUSTICE A.S. BOPANNA HON'BLE MR. JUSTICE M.R. SHAH

Judgment text excerpt

The Supreme Court upheld the High Court's decision requiring the Gujarat State Disaster Management Authority to deposit 75% of the awarded amount under the MSME Act, 2006. The court emphasized the importance of compliance with the statutory requirement for deposit in arbitration-related disputes. The appeal was dismissed, affirming the lower court's order and reinforcing the procedural obligations under the MSME Act.

GUJARAT STATE DISASTER MANAGEMENT AUTHORITY vs M/S ASKA EQUIPMENTS LTD. · Niyam