https://www.taxtmi.com/caselaws?id=197306 Section 9 interim relief can be maintained even where a broader mortgage-enforcement issue may be non-arbitrable, so long as the relief sought does not amount to a final mortgage suit and the claim can proceed as a monetary or personal remedy in arbitration. Territorial jurisdiction may be established where a material part of the cause of action arises from the loan transaction and related acts within the forum, even if the mortgaged property is elsewhere. Applying Section 9 principles and the approach underlying Order 38 Rule 5 CPC, the Court also recognised a prima facie need for security and asset-preserving relief where default, financial stress, creditor pressure and risk of dissipation were shown. en-us Thu, 21 Feb 2013 00:00:00 +0530 Tue, 02 Jan 2018 13:05:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=197306 Section 9 interim relief can be maintained even where a broader mortgage-enforcement issue may be non-arbitrable, so long as the relief sought does not amount to a final mortgage suit and the claim can proceed as a monetary or personal remedy in arbitration. Territorial jurisdiction may be established where a material part of the cause of action arises from the loan transaction and related acts within the forum, even if the mortgaged property is elsewhere. Applying Section 9 principles and the approach underlying Order 38 Rule 5 CPC, the Court also recognised a prima facie need for security and asset-preserving relief where default, financial stress, creditor pressure and risk of dissipation were shown. Case-Laws Indian Laws Thu, 21 Feb 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=197306