Singur arbitration: HC refuses WBIDC plea
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
The Calcutta High Court has refused a plea from WBIDC for an unconditional stay of an arbitration award to Tata Motors related to the Singur project. However, there is some uncertainty as one report indicates the court ordered a conditional stay on the award. The arbitration award is reportedly worth a significant amount, possibly around ₹765 crore, although the details of the court's decision are not entirely clear.
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