https://www.taxtmi.com/caselaws?id=466698 In an appeal under Section 37 of the Arbitration and Conciliation Act, 1996, interference with a tribunal's interim security order is confined to cases where the exercise of discretion is arbitrary, capricious, perverse, or implausible. The court found the tribunal had reasonably assessed the contractual matrix, the vulnerability of the asset holders, and the need to preserve the subject matter of the arbitration. Its prima facie treatment of the Broker Agreement, the force majeure clause, and the proposed socialisation of losses was held to be a reasonably possible view, and the calibrated approach to compromised token exposure was not perverse. The interim protective arrangement was therefore left undisturbed. en-us Tue, 07 Oct 2025 00:00:00 +0530 Tue, 17 Feb 2026 19:25:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=466698 In an appeal under Section 37 of the Arbitration and Conciliation Act, 1996, interference with a tribunal's interim security order is confined to cases where the exercise of discretion is arbitrary, capricious, perverse, or implausible. The court found the tribunal had reasonably assessed the contractual matrix, the vulnerability of the asset holders, and the need to preserve the subject matter of the arbitration. Its prima facie treatment of the Broker Agreement, the force majeure clause, and the proposed socialisation of losses was held to be a reasonably possible view, and the calibrated approach to compromised token exposure was not perverse. The interim protective arrangement was therefore left undisturbed. Case-Laws Indian Laws Tue, 07 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=466698