Bharti Infratel Limited v. M/S Sistems Shyam Tele
Case brief
What is this about?
Disputed telecom infrastructure exit charges prompted requests for security and restraint on a business transfer. The court continued equipment protection and accepted a conditional undertaking to retain share capital pending arbitration. Both petitions were disposed of, with liberty to seek further interim measures from the tribunal.
What did the court decide?
Equipment protection continued; conditional share-capital retention undertaking ordered. Liberty granted to seek Section 17 measures upon changed circumstances.