Tag: Avantha Holdings
September 30, 2020
Corporate Law | General Corporate Advisory
Corporate Law | General Corporate Advisory
INTERIM RELIEF BEFORE COMMENCEMENT OF AN ARBITRATION
The scope of Section 9 of the Arbitration and Conciliation Act, 1996 (“Act”) is very broad. The Section empowers the Court to grant various “interim measures of protection” including orders for securing the amount in dispute, preservation of property, interim injunctions and appointment of receivers. The Section also empowers the Court to grant such other interim measure of protection “as may appear to the court to be just and convenient”. ......