One Mobikwik Systems Limited v. Dam Capital Advisors Limited & Ors.
Arbitration and Conciliation Act, 1996 – Section 9 – interim measures
Case brief
What is this about?
One Mobikwik Systems Ltd v. Dam Capital Advisors Ltd & Ors., O.M.P.(I) (COMM.) 321/2025 with I.A. 19782/2025, High Court of Delhi, Amit Bansal, J., order dated 21.11.2025. Section 9 Arbitration and Conciliation Act 1996; interim measures; mandatory injunction; Public Issue Account; undisputed IPO expenses and IPO proceeds; amounts Rs. 40,35,10,909/-, Rs. 41,84,38,860/-, Rs. 40,30,81,771/- (released), Rs. 1,53,57,093/- (referred to mediation); mediation unsuccessful; petition and pending applications disposed of; liberty to parties to pursue lawful remedies.
What did the court decide?
No further relief granted in this order; petition and pending applications disposed of, with liberty to the parties to take steps permissible in law for resolving the remaining disputes. ¶23