https://www.taxtmi.com/caselaws?id=428492 The Supreme Court allowed the appeal, setting aside the High Court and Commercial Court orders that directed the appellant to deposit performance bank guarantees. The Court emphasized the need to meet legal preconditions before passing interim orders under Section 9 of the Arbitration Act, 1996, highlighting the temporary nature of such measures. The appellant was directed to provide an undertaking to honor any future award, emphasizing the importance of resolving disputes through arbitration. en-us Fri, 30 Sep 2022 00:00:00 +0530 Mon, 03 Oct 2022 08:55:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=428492 The Supreme Court allowed the appeal, setting aside the High Court and Commercial Court orders that directed the appellant to deposit performance bank guarantees. The Court emphasized the need to meet legal preconditions before passing interim orders under Section 9 of the Arbitration Act, 1996, highlighting the temporary nature of such measures. The appellant was directed to provide an undertaking to honor any future award, emphasizing the importance of resolving disputes through arbitration. Case-Laws Indian Laws Fri, 30 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=428492