New Delhi, March 16 – The Supreme Court appointed former Chief Justice of India U U Lalit as the sole mediator to resolve the dispute over the execution of a Rs 500 crore money decree issued by the UAE court in favor of Ras Al Khaimah Investment Authority (RAKIA) and against Hyderabad-based...
New Delhi, February 26 – The Supreme Court has directed Hyderabad-based industrialist Nimmagadda Prasad to deposit Rs 125 crore in cash and submit the original title deeds of a 37-acre land parcel in Telangana in a case stemming from a failed 2008 joint venture to develop ports and an airport in...
New Delhi, February 13 The Supreme Court has heard arguments in the high-stakes enforcement proceedings arising from a UAE civil judgment against Hyderabad-based industrialist Nimmagadda Prasad, and hinted that a substantial security may be needed if the judgment debtor wanted to contest the...