Search Results for "release of funds"

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Supreme Court Sets Aside High Court Order Directing Release of Funds in Fraud Case, Restores Magistrate's Decision to Withhold Sale Proceeds Pending Investigation. High Court Exceeded Section 482 CrPC Jurisdiction by Making Findings on Merits During Ongoing Investigation.

The appellant, NDA Securities Ltd., filed a criminal appeal against the order of the High Court of Delhi dated 25.02.2025, which allowed a petition un...

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Supreme Court Allows Contractor's Appeal in Arbitration Dispute Over Interest on Delayed Payment. The court examined entitlement to interest under Clause 60.8 of the contract and validity of alleged waiver through communications, referencing arbitration provisions and contract law principles.

The dispute arose from a contract awarded by the State of Kerala to the appellants for highway upgradation, executed on 7 November 2002. The appellant...