Baburaj (Legal Executive) 13 July 2011
We have passed the arbitration award in aurangabad against one dealer now my boss advised me to collect the property details of the dealer, so that, the transfer of award from Aurangabad to concerned court, so only execution petition can be filed & recover the amount.
Now my doubt is how i have to collect the property details, actually i am not a Legal gradurte but just co-ordinating the legal matters... plse suggest...
Arbitration award need not be transferred. Whereever it may be passed in India, it can be executed whereever respondent and his properties are there. As per the pecuniary jurisdiction, you can file Execution Petition. Depending upon the amount to be recovered, you can choose either movable property or immovable property.
Advocate Bhartesh goyal (advocate) 01 January 2012
Yes rightly advised by Mr Nadella.
rajasekaran (director) 02 January 2012
1. Can simultaneous execution petition for property and person under O 21 R 30 be filed in two different Courts?
2.When execution petition maintainability is pending adjudication ,regarding objections to arbitration award / decree filed beyond period prescribed , whether application Under O 21 R 41 as to direct JD to file an affidavit of assets to aid in the process of execution and O21 R 11 A permission for DH to file an affidavit is maintainable ?
3. Can corporate directors be made liable in EP proceedings by piercing the corporate veil?
© 2024 LAWyersclubindia.com. Let us grow stronger by mutual exchange of knowledge.
