NATIONAL HIGHWAYS AUTHORITY OF INDIA THROUGH ITS PROJECT DIRECTOR PROJECT IMPLEMENTATION UNIT,THANE vs M/S. KRISTAL DEVELOPERS LTD. THROUGH ITS PARTNERS Advocate - P H Potnis — ARA/24/2026

Case under Arbitration and Conciliation Act 1996 Section 37,1(C). Disposed: Contested--Disposed Off on 07th May 2026.

Case disposed

CNR: HCBM010155772026

e-Filing Number

27-03-2026

Filing Number

ARA/9009/2026

Filing Date

27-Mar-2026

Registration No

ARA/24/2026

Registration Date

18-Apr-2026

Judge

Hon'ble Shri Justice Somasekhar Sundaresan

Coram

Hon'ble Shri Justice Somasekhar Sundaresan

Bench Type

Single

Category

ARBITRATION ( 4 )

Sub-Category

Arbitration Appeals - Single Bench ( 106 )

Judicial Branch

Civil

Decision Date

07-May-2026

Nature of Disposal

Contested--Disposed Off

Last updated 11-Jun-2026

Acts & Sections

Arbitration and Conciliation Act 1996 Section 37,1(C)

Petitioner(s)

  1. 1.NATIONAL HIGHWAYS AUTHORITY OF INDIA THROUGH ITS PROJECT DIRECTOR PROJECT IMPLEMENTATION UNIT,THANE

    Adv. LADDA

Respondent(s)

  1. 1.M/S. KRISTAL DEVELOPERS LTD. THROUGH ITS PARTNERS Advocate - P H Potnis

  2. 2.THE COMPETENT AUTHORITY FOR LAND ACQUISITION CALA I.E SUB-DIVISION OFFICER (LAND ACQUISITION)

  3. 3.THE ADDITIONAL KONKAN COMMISSIONER/ARBITRATOR

Case History

  1. Case disposedDisposed

  2. 23-Jun-2026

    For Circulation

    Hon'ble Shri Justice Somasekhar Sundaresan

  3. 07-May-2026

    Hon'ble Shri Justice Somasekhar SundaresanView PDF

    The Bombay High Court granted NHAI conditional stay on execution of the arbitral award in favor of Kristal Developers Ltd., requiring NHAI to deposit the full award amount with interest within four weeks. If deposit is made, execution proceedings are stayed; otherwise, they proceed unimpeded. The court also noted parties are pursuing settlement through Lok-Adalat, which would release deposited amounts to the respondent. This case analysis is maintained by casestatus.in based on publicly available court records.

  4. 24-Apr-2026

    First hearing

    Initial hearing scheduled

  5. 27-Mar-2026

    Case filed

    Registration No. ARA/24/2026

casestatus.in Summary

The Bombay High Court granted NHAI conditional stay on execution of the arbitral award in favor of Kristal Developers Ltd., requiring NHAI to deposit the full award amount with interest within four weeks. If deposit is made, execution proceedings are stayed; otherwise, they proceed unimpeded. The court also noted parties are pursuing settlement through Lok-Adalat, which would release deposited amounts to the respondent. This case analysis is maintained by casestatus.in based on publicly available court records.

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