Kotak Mahindra Prime Ltd. v. Lifeline Industries Ltd. and 2 Ors.
Case brief
What is this about?
In an arbitration petition under Section 9 of the 1996 Act, the Bombay High Court made the petition absolute for the appointment of court receivers and costs against respondents.
What did the court decide?
Appointment of the respondents as Court Receiver and cost of Rs.10,000/- charged against the respondents.