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    <title>2023 (7) TMI 1562 - DELHI HIGH COURT</title>
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    <description>Interference with a reasoned Section 17 interim order preserving disputed property and maintaining status quo was unwarranted under Section 37(2)(b) because the arbitral tribunal had applied prima facie case, balance of convenience, and irreparable prejudice before protecting the subject matter of arbitration. The challenge turned on issues such as determinability of the agreement, bona fide purchase, and enforceability of specific performance, but those matters remained for the arbitrator and were not fit for final adjudication at the interlocutory stage. The appellate court upheld the protective directions, finding they preserved the arbitral corpus and prevented frustration of the main claim.</description>
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    <pubDate>Mon, 10 Jul 2023 00:00:00 +0530</pubDate>
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      <title>2023 (7) TMI 1562 - DELHI HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=461108</link>
      <description>Interference with a reasoned Section 17 interim order preserving disputed property and maintaining status quo was unwarranted under Section 37(2)(b) because the arbitral tribunal had applied prima facie case, balance of convenience, and irreparable prejudice before protecting the subject matter of arbitration. The challenge turned on issues such as determinability of the agreement, bona fide purchase, and enforceability of specific performance, but those matters remained for the arbitrator and were not fit for final adjudication at the interlocutory stage. The appellate court upheld the protective directions, finding they preserved the arbitral corpus and prevented frustration of the main claim.</description>
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      <pubDate>Mon, 10 Jul 2023 00:00:00 +0530</pubDate>
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