Owner Of Kapani Resorts Restrained From Alienating Property Interests Till Arbitral Proceedings End: Bombay High Court
The Bombay High Court has issued an injunction against the owners of Kapani Resorts Pvt. Ltd. and Greater Kailash Property, prohibiting them from alienating any interest in the resorts or the property under Section 9 of the Arbitration and Conciliation Act, 1996, until the conclusion of arbitral proceedings. This ruling is a significant step in ensuring that the subject matter of a dispute remains preserved during the arbitration process. Background…
