Nepa Limited Through Its Senior Manager ... vs Manoj Kumar Agrawal

The Supreme Court addressed the dispute between Nepa Limited and Manoj Kumar Agrawal regarding the enforcement of an arbitration award for the refund of a security deposit. The court confirmed that the appellant's payment of Rs. 1,50,000 was to be set off against the interest due, rather than the principal amount of Rs. 14,49,300. The court upheld the previous rulings that dismissed the appellant's objections under the Arbitration and Conciliation Act, affirming the validity of the award and the interest stipulation.