Global Trade Finance Ltd. v. Asian Electronics Ltd.
Case brief
What is this about?
In an arbitration petition where the appeal challenging the award was pending, the court granted interim directions requiring the respondent to secure the petitioner's claim via security or post-dated cheques if it failed to obtain a favourable order within four weeks in the appeal.
What did the court decide?
Directions issued for respondent to secure petitioner's claim under the award by security or post-dated cheques within four weeks if appeal fails.