|Bombay High Court
Section 9 Arbitration Act | Post-Award Interim Protection Survives Section 34 Challenge If Asset Dissipation Risk Proven : Bombay HC
Bombay High Court rules that interim relief under Section 9 of the Arbitration Act remains available even after a Section 34 challenge, but only if the applicant demonstrates concrete evidence of potential asset dissipation. The court permitted asset disclosure and deposit of the awarded amount to prevent award frustration, setting a precedent for post-award asset protection in arbitration disputes.