https://www.taxtmi.com/caselaws?id=199397 Section 2(2), read with Section 2(5) of the Arbitration and Conciliation Act, 1996, was treated as inclusive so as not to exclude Part I merely because the arbitration was to be conducted outside India. The Court recognised that Section 9 can support foreign-seated arbitration by granting interim protection where necessary to preserve assets and safeguard the efficacy of the process. On the facts, however, the petitioner produced no adequate material showing likely dissipation of assets or any real risk of the award becoming ineffective, so interim injunction was refused and the proceedings ended without costs. en-us Fri, 05 Nov 1999 00:00:00 +0530 Tue, 27 Feb 2018 17:31:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=199397 Section 2(2), read with Section 2(5) of the Arbitration and Conciliation Act, 1996, was treated as inclusive so as not to exclude Part I merely because the arbitration was to be conducted outside India. The Court recognised that Section 9 can support foreign-seated arbitration by granting interim protection where necessary to preserve assets and safeguard the efficacy of the process. On the facts, however, the petitioner produced no adequate material showing likely dissipation of assets or any real risk of the award becoming ineffective, so interim injunction was refused and the proceedings ended without costs. Case-Laws Indian Laws Fri, 05 Nov 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=199397