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Civil Appeal (Arbitration) · Supreme Court of India

National Seeds Corporation Ltd. v. National Agro Seed Corporation (India)

Citation2026 LiveLaw (SC) 958
Date of judgment19 Sept 2026
Petitioner / AppellantNational Seeds Corporation Ltd.
RespondentNational Agro Seed Corporation (India)

Holding

A conditional deposit of an arbitral award amount, which the award-holder cannot freely withdraw, does not stop interest from accruing; only an unconditional deposit qualifies as payment under Order XXI Rule 1 CPC.

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