https://www.taxtmi.com/caselaws?id=199341 An Indian court may grant an equitable anti-suit restraint against foreign enforcement proceedings where the arbitration agreement is governed by Indian law and an Indian arbitral challenge is already pending, because concurrent foreign enforcement can create inconsistent decisions, irreversible prejudice and oppressive expense. The restraint may also be made conditional on payment of the undisputed contractual amount, with such payment treated as pro tanto satisfaction without affecting the parties' substantive rights in the arbitration dispute. The stated principle is that equitable relief can protect the integrity of Indian arbitral proceedings while preventing unfair prejudice to the respondent. en-us Fri, 16 Jan 1987 00:00:00 +0530 Mon, 26 Feb 2018 17:00:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=199341 An Indian court may grant an equitable anti-suit restraint against foreign enforcement proceedings where the arbitration agreement is governed by Indian law and an Indian arbitral challenge is already pending, because concurrent foreign enforcement can create inconsistent decisions, irreversible prejudice and oppressive expense. The restraint may also be made conditional on payment of the undisputed contractual amount, with such payment treated as pro tanto satisfaction without affecting the parties' substantive rights in the arbitration dispute. The stated principle is that equitable relief can protect the integrity of Indian arbitral proceedings while preventing unfair prejudice to the respondent. Case-Laws Indian Laws Fri, 16 Jan 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=199341