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Bombay High Court Delivers Oral Judgment in Appeal No. 28 of 2002 Arising from Chamber Summons No. 298 of 2001. The Dispute Involves the Validity of Deposit of Decretal Amount and Recording of Satisfaction of Award Following Prothonotary's Refusal.

In 1988, arbitrators passed an award directing Oil & Natural Gas Commission (ONGC) to pay US$1,804.50 and US$59,593 as interest on delayed payments, p...