Case Law Analysis
|Bombay High Court
Section 9 Arbitration Act | Interim Relief Requires Proof of Actual Asset Diversion, Not Mere Apprehension : Bombay HC
Bombay High Court clarifies that Section 9 interim relief under the Arbitration Act mandates concrete evidence of asset diversion or financial instability, not just fear of dissipation. The ruling underscores that delays in seeking relief weaken claims of urgency, setting a stricter threshold for contractors and businesses seeking emergency protection.