https://www.taxtmi.com/caselaws?id=108536 The court confirmed the validity of the arbitration agreement and allowed the appointment of a sole arbitrator. It clarified the scope of Section 9 of the Arbitration and Conciliation Act, emphasizing its role in supporting arbitration by granting interim measures. The court upheld the financier's right to repossess and sell leased equipment, even in the context of BIFR proceedings, as the leased property was not considered part of the lessee's assets. The court rejected objections to the appointment of an arbitrator and deemed the application for appointing an Advocate Commissioner to repossess and sell the equipment maintainable. en-us Tue, 01 Apr 2003 00:00:00 +0530 Mon, 02 Apr 2012 11:49:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=108536 The court confirmed the validity of the arbitration agreement and allowed the appointment of a sole arbitrator. It clarified the scope of Section 9 of the Arbitration and Conciliation Act, emphasizing its role in supporting arbitration by granting interim measures. The court upheld the financier's right to repossess and sell leased equipment, even in the context of BIFR proceedings, as the leased property was not considered part of the lessee's assets. The court rejected objections to the appointment of an arbitrator and deemed the application for appointing an Advocate Commissioner to repossess and sell the equipment maintainable. Case-Laws Companies Law Tue, 01 Apr 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=108536