https://www.taxtmi.com/caselaws?id=780388 In a foreign-seated arbitration, Indian courts may grant interim relief under Section 9 where preservation of assets in India is required. The Madras HC treated the applicant's crypto holdings as digital assets capable of interim protection and held that cryptocurrency can constitute property capable of beneficial possession and trust-based safeguarding against dissipation. At the interim stage, the court declined to let an alleged cyber-attack affecting other tokens defeat protection of the separate XRP holdings. Broader issues, including the effect of the Singapore scheme of arrangement, were left for arbitration, while protective relief was granted to secure the disputed crypto assets pending the reference. en-us Sat, 25 Oct 2025 00:00:00 +0530 Thu, 30 Oct 2025 08:22:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=780388 In a foreign-seated arbitration, Indian courts may grant interim relief under Section 9 where preservation of assets in India is required. The Madras HC treated the applicant's crypto holdings as digital assets capable of interim protection and held that cryptocurrency can constitute property capable of beneficial possession and trust-based safeguarding against dissipation. At the interim stage, the court declined to let an alleged cyber-attack affecting other tokens defeat protection of the separate XRP holdings. Broader issues, including the effect of the Singapore scheme of arrangement, were left for arbitration, while protective relief was granted to secure the disputed crypto assets pending the reference. Case-Laws Indian Laws Sat, 25 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=780388