https://www.taxtmi.com/caselaws?id=456299 Interference under Section 37(2)(b) with an arbitral tribunal's refusal of interim relief under Section 17 is confined to cases of implausibility, patent illegality, or comparable perversity, and the court will not reappreciate the material merely because another view is possible. Applying that standard, the tribunal's reasoned finding that no prima facie case existed was sustained. The Term Sheet was also found to terminate on 12.04.2023 unless extended in writing or otherwise agreed in writing; as no written extension or binding SPA was shown in the communications, it was treated as a preliminary arrangement rather than a concluded contract capable of supporting interim protection. en-us Tue, 19 Dec 2023 00:00:00 +0530 Mon, 15 Jul 2024 08:21:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=456299 Interference under Section 37(2)(b) with an arbitral tribunal's refusal of interim relief under Section 17 is confined to cases of implausibility, patent illegality, or comparable perversity, and the court will not reappreciate the material merely because another view is possible. Applying that standard, the tribunal's reasoned finding that no prima facie case existed was sustained. The Term Sheet was also found to terminate on 12.04.2023 unless extended in writing or otherwise agreed in writing; as no written extension or binding SPA was shown in the communications, it was treated as a preliminary arrangement rather than a concluded contract capable of supporting interim protection. Case-Laws Indian Laws Tue, 19 Dec 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=456299