HC Directs Detailed Order for Computation of amount due under Arbitral Award

PBSAMP Projects Pvt. Ltd. Vs HLV Limited Formerly Hotel Leela Venture Pvt. Ltd. (Telangana High Court) PBSAMP Projects Pvt. Ltd. brought a civil revision petition before the Telangana High Court, challenging the order dated November 2, 2023, passed by the Principal Special Court in Hyderabad. The order in question dismissed PBSAMP’s petition seeking enforcement of an arbitral award dated September 8, 2019, against HLV Limited, formerly known as Hotel Leela Venture Pvt. Ltd. The crux of the matter revolved around the computation of the amount due to PBSAMP under the arbitral award. The di...