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    <title>2009 (9) TMI 919 - High Court of Bombay</title>
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    <description>Arbitration clauses in shareholders&#039; agreements and Articles of Association were treated as covering interconnected disputes arising from the same commercial arrangement, making them referable to SIAC arbitration at Mumbai. The note also explains that interim protection under Section 9 may be granted where a prima facie breach of contractual share transfer conditions and linked board resolutions shows balance of convenience and risk of irreparable prejudice. The court&#039;s observations were confined to a prima facie view, leaving final determination of the transactions to the arbitral tribunal.</description>
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      <link>https://www.taxtmi.com/caselaws?id=171060</link>
      <description>Arbitration clauses in shareholders&#039; agreements and Articles of Association were treated as covering interconnected disputes arising from the same commercial arrangement, making them referable to SIAC arbitration at Mumbai. The note also explains that interim protection under Section 9 may be granted where a prima facie breach of contractual share transfer conditions and linked board resolutions shows balance of convenience and risk of irreparable prejudice. The court&#039;s observations were confined to a prima facie view, leaving final determination of the transactions to the arbitral tribunal.</description>
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      <pubDate>Thu, 24 Sep 2009 00:00:00 +0530</pubDate>
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