https://www.taxtmi.com/caselaws?id=108536 A valid arbitration agreement in the lease supported reference of the dispute to arbitration, and section 9 of the Arbitration and Conciliation Act, 1996 was treated as conferring wider interim protection powers than section 17. The Court noted that interim measures may preserve assets, protect the parties' positions, and secure the amount in dispute, even if the property sought to be repossessed is not the direct subject-matter of the arbitration. On that basis, repossession and sale of the leased equipment could be ordered as interim protection to safeguard recovery and prevent diminution in value. 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 A valid arbitration agreement in the lease supported reference of the dispute to arbitration, and section 9 of the Arbitration and Conciliation Act, 1996 was treated as conferring wider interim protection powers than section 17. The Court noted that interim measures may preserve assets, protect the parties' positions, and secure the amount in dispute, even if the property sought to be repossessed is not the direct subject-matter of the arbitration. On that basis, repossession and sale of the leased equipment could be ordered as interim protection to safeguard recovery and prevent diminution in value. Case-Laws Companies Law Tue, 01 Apr 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=108536