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    Hyderabad Industrialist Offers Assets as Security in UAE Court Case

    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...
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    Complex Decree Enforcement Case: SC Questions Asset Dissipation Tactics

    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...
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