Arbitration Dispute: Calcutta High Court Dismisses Application Under Section 9 of The Arbitration and Conciliation Act, 1996

In a recent judgment delivered by Hon’ble Justice Moushumi Bhattacharya at the High Court at Calcutta, an application under Section 9 of The Arbitration and Conciliation Act, 1996 was dismissed in the case of Cholamandalam Investment and Finance Company Limited vs. Uma Earth Movers and Anr. The petitioner sought the appointment of a Receiver and a restraint on the respondents from transferring or disposing of an asset financed through a…