their cash equivalent in escrow, in a specified escrow
account. The Escrow accounts were to be managed by a designated
escrow agent, namely ... Option Deed, the shares of Responsive held in escrow
under the Escrow agreement, were to be sold and the proceeds
deposited in a designated bank
note that while the amount held in the
escrow account created pursuant to the Escrow Agreement dated
June 10, 2010 between yourselves, Turmeric Advisory Private ... Nutan Gupta, the
Aggregate Tax Claim is pending satisfaction and the escrow amount
was also released as a good faith gesture with the condition that
privity of contract with respondent no. 1 under an agreement
titled as "Co-Production Agreement" dated 25th May, 2017, has
principally prayed ... revenue) and
deposit the share payable to the petitioner in the Escrow Agreement;
c) Pending the hearing and final disposal of the arbitral proceedings, this
drawn my
attention to clause No.18.6 of the Escrow Agreement dated 2 nd July, 2018,
which reads thus :-
"18.6 Notwithstanding anything
parties and
considering the fact that the original document, which
is in escrow, is deposited with the Prothonotary & Senior
Master of this Court ... petition is required to be verified with
the agreement kept in escrow, stand over to 23 rd April,
2019 (HOB)."
6. On 18th June
parties and
considering the fact that the original document, which
is in escrow, is deposited with the Prothonotary & Senior
Master of this Court ... petition is required to be verified with
the agreement kept in escrow, stand over to 23 rd April,
2019 (HOB)."
6. On 18th June
parties and
considering the fact that the original document, which
is in escrow, is deposited with the Prothonotary & Senior
Master of this Court ... petition is required to be verified with
the agreement kept in escrow, stand over to 23 rd April,
2019 (HOB)."
6. On 18th June
parties and
considering the fact that the original document, which
is in escrow, is deposited with the Prothonotary & Senior
Master of this Court ... petition is required to be verified with
the agreement kept in escrow, stand over to 23 rd April,
2019 (HOB)."
6. On 18th June
Escrow Account with an Escrow Bank to be mutually agreed between
AFCONS and HALANI. In such case, the Parties shall execute an Escros
Agreement with ... Escrow Bank for the receipt of payment from the
ONGC and re-distribution among AFCONS and HALANI as per the terms
agreed therein
Escrow Account with an Escrow Bank to be mutually agreed between
AFCONS and HALANI. In such case, the Parties shall execute an Escros
Agreement with ... Escrow Bank for the receipt of payment from the
ONGC and re-distribution among AFCONS and HALANI as per the terms
agreed therein
