Executing Court to Determine Stamping on Arbitral Award Meets Requirements Under Indian Stamp Act: Madhya Pradesh High Court
Jabalpur, May 16, 2024: In a significant ruling, the High Court of Madhya Pradesh has overturned an order by the Principal District Judge of Burhanpur in an arbitration case involving Brajesh Kumar Pannalal and Indusind Bank Limited. The ruling, delivered by Hon'ble Shri Justice Duppala Venkata Ramana, addressed key issues surrounding the execution of an arbitral award, including compliance with the Indian Stamp Act and the unilateral appointment of the…
