https://www.taxtmi.com/caselaws?id=439885 In Section 9 proceedings under the Arbitration and Conciliation Act, 1996, the court treated custody of project land title deeds as a preservation measure pending arbitration and directed their release into the joint custody of the petitioner and the respondents, as both sought that arrangement. It declined to extend that custody to MGF Developments Limited, holding that a non-party to the arbitration agreement could not use the same proceedings to seek enlargement of custody rights or modification of the earlier directions. Any demerger-based or collateral contractual claims by MGF were left to be pursued in independent proceedings. en-us Mon, 03 Jul 2023 00:00:00 +0530 Wed, 05 Jul 2023 08:00:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=439885 In Section 9 proceedings under the Arbitration and Conciliation Act, 1996, the court treated custody of project land title deeds as a preservation measure pending arbitration and directed their release into the joint custody of the petitioner and the respondents, as both sought that arrangement. It declined to extend that custody to MGF Developments Limited, holding that a non-party to the arbitration agreement could not use the same proceedings to seek enlargement of custody rights or modification of the earlier directions. Any demerger-based or collateral contractual claims by MGF were left to be pursued in independent proceedings. Case-Laws Companies Law Mon, 03 Jul 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=439885