https://www.taxtmi.com/caselaws?id=427949 Section 9 of the Arbitration and Conciliation Act permits wide interim measures, including security for the awarded amount, at any stage before enforcement of an award. The fact that a stay application under Section 36(2) was filed earlier does not create an absolute rule that it must be heard first; the court may consider both applications arising from the same award together and apply common factors. In a money award, the court may have regard to stay principles applicable to money decrees under the Code of Civil Procedure. On the facts, the absence of a strong prima facie challenge to the award and the size of the award justified deposit/security, and the interim security direction was sustained. en-us Mon, 19 Sep 2022 00:00:00 +0530 Wed, 21 Sep 2022 07:38:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=427949 Section 9 of the Arbitration and Conciliation Act permits wide interim measures, including security for the awarded amount, at any stage before enforcement of an award. The fact that a stay application under Section 36(2) was filed earlier does not create an absolute rule that it must be heard first; the court may consider both applications arising from the same award together and apply common factors. In a money award, the court may have regard to stay principles applicable to money decrees under the Code of Civil Procedure. On the facts, the absence of a strong prima facie challenge to the award and the size of the award justified deposit/security, and the interim security direction was sustained. Case-Laws Indian Laws Mon, 19 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=427949