https://www.taxtmi.com/caselaws?id=295224 In a Section 9 petition concerning disputed apartment allotment cancellations and alleged re-allotment to third parties, the Delhi HC held that interim preservation of the flats was justified pending arbitration. The Court applied the settled injunction principles of prima facie case, balance of convenience, and irreparable injury, and found that further transfer or possession would undermine the efficacy of the arbitral process. It noted prima facie doubt over the genuineness of the alleged third-party transactions and held that delay did not bar relief on the facts. All substantive disputes, including cancellation, payment schedule, RERA issues, and time being of the essence, were left for the arbitral tribunal. en-us Mon, 21 Oct 2019 00:00:00 +0530 Tue, 25 May 2021 08:37:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=295224 In a Section 9 petition concerning disputed apartment allotment cancellations and alleged re-allotment to third parties, the Delhi HC held that interim preservation of the flats was justified pending arbitration. The Court applied the settled injunction principles of prima facie case, balance of convenience, and irreparable injury, and found that further transfer or possession would undermine the efficacy of the arbitral process. It noted prima facie doubt over the genuineness of the alleged third-party transactions and held that delay did not bar relief on the facts. All substantive disputes, including cancellation, payment schedule, RERA issues, and time being of the essence, were left for the arbitral tribunal. Case-Laws Indian Laws Mon, 21 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=295224