#Development agreement disputes

Bombay High Court rules that a Court Receiver appointed under Section 9 of the Arbitration and Conciliation Act, 1996, cannot be discharged without first adjudicating substantive disputes arising from a Consent Award, even after 23 years of custody. The decision underscores that equitable considerations override procedural delays in property disputes under arbitration.

Bombay High Court dismisses 31 interim applications by non-parties to an arbitration agreement, holding that Section 9 jurisdiction is strictly limited to signatories. The ruling reinforces contractual privity in arbitration, impacting commercial disputes where third parties seek court intervention without being bound by the arbitration clause.