Versuchen GOLD - Frei

Bombay High Court: Invocation Of Section 9 And Section 11 Of Arbitration Act Does Not Constitute Parallel Proceedings

The Business Guardian

|

April 01, 2025

The Bombay High Court in the case Fab Tech Works And Constructions Pvt. Ltd. vs Savvology Games Pvt. Ltd. And Ors. observed and has held that the mere invocation of Section 9 and Section 11 of the Arbitration and Conciliation Act, 1996 does not amount to parallel proceedings.

- TDG NETWORK

Bombay High Court: Invocation Of Section 9 And Section 11 Of Arbitration Act Does Not Constitute Parallel Proceedings

The bench headed by Justice Somasekhar Sundaresan in the case noted that section 9 of Arbitration and Conciliation Act, 1996 is intended to provide interim relief to safeguard the subject matter of arbitration.

The bench also stated that Section 11 of Arbitration and Conciliation Act, 1996 is limited to the appointment of an arbitrator when there is being a dispute with regards to the arbitration agreement.

FACTS OF THE CASE The present matter relates to an application filed under Section 11 of the Arbitration and Conciliation Act, 1996, 'The Act', seeking appointment of an arbitrator to adjudicate disputes.

The present disputes arose between the parties under an Investment Agreement.

The Applicant invoked the arbitration clause to which the Respondent replied.

WEITERE GESCHICHTEN VON The Business Guardian

The Business Guardian

The Business Guardian

Delhi doctors perform Asia’s first ‘post-death bloodflow’ organ revival using ECMO

Doctor Shrikanth Srinivasan, Chairman of the Manipal Institute of Critical Care Medicine at HCMCT Manipal Hospital, Dwarka, has led a pioneering medical procedure, the first in Asia, where a deceased patient's organs were revived using a heart-lung machine after death, enabling successful transplantation.

time to read

1 min

November 10, 2025

The Business Guardian

The Business Guardian

SEBI cautions investors against unregulated digital gold schemes

The Securities and Exchange Board of India (SEBI) has issued a public caution against investing in so-called \"Digital Gold\" or \"E-Gold\" products being offered on various online and digital platforms.

time to read

1 min

November 10, 2025

The Business Guardian

The Business Guardian

RELIANCE POWER DENIES LINK TO ED-ARRESTED AMAR NATH DUTTA

Reliance Power clarified that the individual arrested by the Enforcement Directorate in the fake bank guarantee case has no connection with the company or its operations.

time to read

1 min

November 10, 2025

The Business Guardian

The Business Guardian

Is GenAI technology a plagiarizing machine?

Try this.

time to read

3 mins

November 10, 2025

The Business Guardian

The Business Guardian

Nirmala Sitharaman lays foundation for Assam tech university

Finance Minister Nirmala Sitharamanlaid the foundation stone forSwahid Kanaklata Barua State Universityat Gohpuron Saturday.

time to read

1 mins

November 10, 2025

The Business Guardian

The Business Guardian

Aaditya Thackeray backs Priyanka Chaturvedi's Climate Act Bill amid Delhi's worsening air quality

Shiv Sena (UBT) leader Aaditya Thackeray expressed support for party MP Priyanka Chaturvedi's Private Members’ Bill seeking the establishment of a Climate Act and a Climate Council of India.

time to read

1 min

November 10, 2025

The Business Guardian

Shiv Sena's Shaina NC slams Priyanka Gandhi's Bihar speech

Shiv Sena leader Shaina NC has slammed Congress MP Priyanka Gandhi Vadra for likening the ongoing political struggle of Mahagathbandhan to Mahatma Gandhi's fight for citizens’ rights.

time to read

1 mins

November 10, 2025

The Business Guardian

The Business Guardian

National Zoological Park re-opens to welcome over 8,000 visitors on the first day

The National Zoological Park (NZP), New Delhi, reopened to the public on Saturday, receiving enthusiastic response from visitors.

time to read

1 min

November 10, 2025

The Business Guardian

The Business Guardian

INDIA KEY MARITIME, CONTINENTAL POWER IN INDIAN OCEAN: CDS CHAUHAN

CDS General Anil Chauhan underscored India's dual continental and maritime strength, highlighting its pivotal role in global power dynamics across land, sea, space, and cyberspace.

time to read

2 mins

November 10, 2025

The Business Guardian

The Business Guardian

CII proposes India Development & Strategic Fund for long-term growth

Industry body CII has proposed the creation of an India Development and Strategic Fund (IDSF), a sovereign-backed, professionally managed institution designed to finance India’s long-term growth, resilience, and global economic securityConceived as a twin-arm national fund, the IDSF would mobilise patient, long-horizon capital to build India’s productive capacity at home and secure critical economic interests abroad.Announcing the proposal, Chandrajit Banerjee, Director General, CII, said that the time has come for India to build its own enduring financial engine for development.”

time to read

2 mins

November 10, 2025

Listen

Translate

Share

-
+

Change font size