https://www.taxtmi.com/caselaws?id=800920 Section 9 interim protection may secure a monetary claim pending arbitration where objective material shows a strong possibility that assets available for execution will diminish or prove insufficient. A prima facie case arose from accepted supplies, outstanding-balance correspondence, balance confirmation and payment assurances, notwithstanding reconciliation, credit-note, rebate, interest and dishonoured-cheque disputes reserved for arbitration. Substantial losses, negative reserves, borrowings, trade payables, limited cash and encumbered immovable assets supported the risk assessment. Section 9 is preventive and does not require proof of dishonest intent. Security of the disputed amount by court deposit or bank guarantee preserves the claim without constituting pre-award recovery. en-us Fri, 09 Oct 2026 00:00:00 +0530 Wed, 14 Oct 2026 06:17:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=800920 Section 9 interim protection may secure a monetary claim pending arbitration where objective material shows a strong possibility that assets available for execution will diminish or prove insufficient. A prima facie case arose from accepted supplies, outstanding-balance correspondence, balance confirmation and payment assurances, notwithstanding reconciliation, credit-note, rebate, interest and dishonoured-cheque disputes reserved for arbitration. Substantial losses, negative reserves, borrowings, trade payables, limited cash and encumbered immovable assets supported the risk assessment. Section 9 is preventive and does not require proof of dishonest intent. Security of the disputed amount by court deposit or bank guarantee preserves the claim without constituting pre-award recovery. Case-Laws Indian Laws Fri, 09 Oct 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=800920