#Interim measures in arbitration

Karnataka High Court dismisses a writ petition challenging an interim arbitration order under Section 17 of the Arbitration Act after a decade-long delay, ruling that inaction and failure to prosecute the matter render the challenge infructuous. The judgment underscores the necessity of timely legal remedies in arbitration disputes to avoid procedural forfeiture.

Bombay High Court invokes its equitable jurisdiction under Section 9 of the Arbitration Act to safeguard a mortgagee's security by ordering lease rentals from mortgaged property to be deposited in a no-lien account. The ruling reinforces that interim measures can override objections based on maintainability or membership disputes, ensuring preservation of assets during 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.