Constitution of Arbitral Tribunal Does Not Bar Party's Right to Seek Section 9 Court for Order Implementation: Calcutta High Court
In a recent development within the realm of commercial disputes, a case under the Arbitration and Conciliation Act, 1996 has drawn attention due to its intricate legal complexities. The case, referred to as WPO No. 173 of 2024, revolves around a dispute between RKD Niraj JV and others (the petitioners) and The Union of India and others (the respondents), primarily concerning bank guarantees and their invocation. Case Details: The petitioners,…