FBW, Directors Ordered to Secure USD132,750 to Stay Execution of USD741,250 Judgment in Dispute with Sudhir Ruparelia’s Meera Investments

Moses kidandi
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Architectural consultancy FBW has won a conditional stay of execution in its dispute with Dr. Sudhir Ruparelia’s Meera Investments, but must within 45 days deposit USD132,750 in court or provide an unconditional, irrevocable and on-demand bank guarantee for the same amount.

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Justice Susan Odongo strongly reaffirmed her April ruling, declaring that her finding on FBW’s failure to provide usable, editable construction drawings remained “legally and technically unassailable.
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