Goldbricks Infra gets interim arbitration relief against Godrej Properties

The arbitration tribunal has directed Godrej Properties to deposit Rs 140 crores to protect the interest of Goldbricks Infrastructure in respect of the award ultimately to be passed in this matter. The funds to be deposited within 10 days of the order passed on October 19, will also be used to prevent further losses and enable the landlord to clear its liabilities and carry out further activities on the property.

via Economictimes

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