Interim Relief Granted Under Section 9 of Arbitration Act by Attaching ₹69.5 Crore Worth TMT Steel Bars Made from Disputed-Quality Coal: Delhi High Court

In a recent decision, the Delhi High Court bench of Justice Manoj Kumar Ohri granted interim relief to RESCOM MINERAL TRADING FZE, the petitioner, under Section 9 of the Arbitration and Conciliation Act, 1996. The case revolves around a dispute over the quality of coal delivered by the petitioner to RASHTRIYA ISPAT NIGAM LIMITED (RINL), the respondent. The petitioner sought relief to secure its claim of Rs. 69.50 Crores, which…