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Noida Toll Bridge Company Ltd. - Noida Toll Bridge Company Limited Vs Federation Of Noida Residents Welfare Association (SLP 33403 Of 2016) - Update On Litigation

| Updated on March 27, 2019 Published on March 27, 2019

Dear Sirs,

With reference to the captioned subject, we have been informed by the Companys Legal Counsel that The Interim Application filed by NOIDA seeking directions to stop the arbitration between NTBCL & IL&FS v. NOIDA came up for hearing. NOIDA disclosed that it has filed a Special Leave Petition (SLP) against the Order of the Delhi High Court (HC) dismissing the section 34 of Arbitration & Conciliation Act appeal that it had also filed from the Order of the Arbitral Tribunal rejecting the section 16 jurisdiction objections raised by NOIDA. The Honble Court has directed that the Interlocutory Application (IA) filed by NOIDA in the NTBCL SLP be placed and taken up with the SLP Filed by NOIDA in relation to the Delhi HC Order and be heard together with the same. The IA has therefore been directed to be listed with the said SLP (Diary Number 10503 Of 2019).

The copy of order is attached.

This is for your information and record.

Pdf Link: Noida Toll Bridge Company Ltd. - Noida Toll Bridge Company Limited Vs Federation Of Noida Residents Welfare Association (SLP 33403 Of 2016) - Update On Litigation

Source : BSE - www.bseindia.com

Published on March 27, 2019
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