https://www.taxtmi.com/caselaws?id=305163 The Supreme Court set aside a High Court order interfering with deposit orders related to an Arbitral Award. Emphasizing limited High Court interference in Arbitration Act matters, the Court reinstated the lower court's decision, directing the appellant to make the required deposit. The Court highlighted the importance of Section 5 of the Arbitration Act and previous case law, noting that High Courts should only intervene in exceptional cases. The Solicitor General's request for an early disposal of the Section 34 application was granted, with the Court directing the lower court to resolve the matter within four months, ultimately concluding the legal proceedings. en-us Mon, 05 Apr 2021 00:00:00 +0530 Mon, 21 Nov 2022 04:45:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=305163 The Supreme Court set aside a High Court order interfering with deposit orders related to an Arbitral Award. Emphasizing limited High Court interference in Arbitration Act matters, the Court reinstated the lower court's decision, directing the appellant to make the required deposit. The Court highlighted the importance of Section 5 of the Arbitration Act and previous case law, noting that High Courts should only intervene in exceptional cases. The Solicitor General's request for an early disposal of the Section 34 application was granted, with the Court directing the lower court to resolve the matter within four months, ultimately concluding the legal proceedings. Case-Laws Indian Laws Mon, 05 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=305163