Praveen Jain v. M/S Kamakhya Oil Company & Ors.
Case brief
What is this about?
The Delhi High Court disposed of a petition under Section 9 of the Arbitration & Conciliation Act, 1996. The court permitted the petitioner to place the petition before the Sole Arbitrator as a Section 17 application and directed the respondent company to maintain its accounts until the arbitrator decides on the Section 17 application.
What did the court decide?
Petition disposed permitting proceedings before Sole Arbitrator under Section 17; director to maintain accounts of Kamakhya Oil Company.