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Execution of Arbitration Award

ABC is a Bangalore based contractor who got an arbitration award against one Delhi based Builder XYZ private limited. The builder did not do anything to satisfy the arbitration award. We filed an Execution application in the Court seeking to arrest the Managing director and send him to Jail and other prayers like attachment of properties. During the tendency of the proceedings we came to know that XYZ has got some high value new contracts. Hence we got the Bank account details from the statutory documents filed in the registrar of Companies and sought for attachment of that account. XYZ came forward to settle the entire award amount and closed the case.