Bombay High Court junks Iran plea against order on USD 35 lakh payout to Indian firm; slaps Rs 10 lakh cost
A division bench of Justices K R Shriram and Rajesh Patil, in a ruling earlier this week, also imposed a cost of Rs 10 lakh after dismissing the Iran government's plea and the fine amount would be payable to the Indian company, KT Steels, within four weeks.