https://www.taxtmi.com/caselaws?id=456315 An interim protective direction under section 17 of the Arbitration and Conciliation Act, 1996, requiring a sum to be kept in a separate interest-bearing account to preserve the disputed partner's share, was upheld because it was based on the materials before the tribunal and was aimed at securing the subject matter pending arbitration. In an appeal under section 37, interference is narrow and the appellate court will not reappraise facts unless the discretion is perverse, unconscionable, or affected by jurisdictional infirmity. As the order was reasoned and within the tribunal's power to mould interim relief, it did not warrant interference and the appeal failed. en-us Fri, 24 Nov 2023 00:00:00 +0530 Mon, 15 Jul 2024 19:51:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=456315 An interim protective direction under section 17 of the Arbitration and Conciliation Act, 1996, requiring a sum to be kept in a separate interest-bearing account to preserve the disputed partner's share, was upheld because it was based on the materials before the tribunal and was aimed at securing the subject matter pending arbitration. In an appeal under section 37, interference is narrow and the appellate court will not reappraise facts unless the discretion is perverse, unconscionable, or affected by jurisdictional infirmity. As the order was reasoned and within the tribunal's power to mould interim relief, it did not warrant interference and the appeal failed. Case-Laws Indian Laws Fri, 24 Nov 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=456315