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.
CNR: HCBM010155772026
e-Filing Number
27-03-2026
Filing Number
ARA/9009/2026
Filing Date
27-03-2026
Registration No
ARA/24/2026
Registration Date
18-04-2026
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
07th May 2026
Nature of Disposal
Contested--Disposed Off
Acts & Sections
Petitioner(s)
NATIONAL HIGHWAYS AUTHORITY OF INDIA THROUGH ITS PROJECT DIRECTOR PROJECT IMPLEMENTATION UNIT,THANE
Adv. LADDA
Respondent(s)
M/S. KRISTAL DEVELOPERS LTD. THROUGH ITS PARTNERS Advocate - P H Potnis
THE COMPETENT AUTHORITY FOR LAND ACQUISITION CALA I.E SUB-DIVISION OFFICER (LAND ACQUISITION)
THE ADDITIONAL KONKAN COMMISSIONER/ARBITRATOR
Hearing History
Judge: HON'BLE SHRI JUSTICE SOMASEKHAR SUNDARESAN
FOR CIRCULATION
FOR CIRCULATION
| Date | Purpose |
|---|---|
| 24-04-2026 | FOR CIRCULATION |
| 23-06-2026 | FOR CIRCULATION |
Orders
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.
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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