petitioner's letter dated November 18, 1991, for forwarding to escrow agent Mr. Darshan Desai. Respondent No. 2 also states that respondent ... were handed over to their solicitors in Delhi to the said escrow agent of Mr. Desai.
14. It is contended by respondent No. 2 that
share certificates relating to 35.33% shares held by them with the escrow agent on the ground that such a stipulation has been omitted ... would also be kept in the escrow account, the petitioners agreed to deposit their shares with the escrow agent till the full consideration
joint venture agreement, the escrow agreement, is amongst the petitioner, 10th and 11th respondents and the escrow agent, The main complaint of the petitioner ... restricted to custody of the petitioner's shares in escrow with the escrow agent as security to ensure discharging of the obligations
certificates relating to the balance 23% shares were kept with an escrow agent, namely, S.S. Khetawat along with instruments of transfer. The petitioners took ... these shares along with share certificates were deposited with the escrow agent and there are no details how the petitioners got the shares transferred
payment of the consideration, squaring off of all book entries, the Escrow Agent (R-4.) could not have handed over the transfer deeds ... written by D.K.D. Sarkar, (R-4, the Escrow Agent) to the petitioner No. 1 the transfer deeds and share certificates reached
purported arbitrator was required to function only as stake holder or escrow agent and the parties to the said agreement did not confer any power
respondent. The non-enforcement of the rights under the bonds, the escrow agreement, power purchase agreement, etc., were also incidents of contracts with GRIDCO ... merit. Likewise, by a letter, dated 10.10.2001, he called upon the escrow agent to reverse all entries of setting off of interest due under GRIDCO
Chief Secretary of Government of Karnataka, was to function as an escrow agent, upon which the petitioners lodged with him the blank transfer deeds with
obligations and also their rights regarding management of the company. An escrow agreement (EA) had also been entered into by which the shares held ... petitioner were to be kept in the custody of an escrow agent. In all these 3 agreements, there is a provision for international arbitration
Escrow account; and
(d) not invoking the guarantee issued by the Government of Tamil Nadu.
(ii) Appointment of a liaison agent to recover money from ... rights under the PPA and government Guarantee;
(iii) to operate the ESCROW Account as envisaged under the PPA;
(iv) to co-opt one representative each
