Mensa Brand Technologies Pte. Limited v. Mohammadabbas Naushadali Patel
Case brief
What is this about?
Karnataka High Court (Bengaluru), AP.IM No. 1 of 2026, decided 08.06.2026 by M.G.S. Kamal J. Section 9 Arbitration and Conciliation Act, 1996 interim-measure petition by Mensa Brand Technologies Pte. Ltd. against Mohammadabbas Naushadali Patel, Rahilabbas Aliraja Virani and Tanvi Fitness Private Limited, seeking restraint on transfer/alienation/encumbrance of 53,573 Tanvi Fitness equity shares held by Respondent Nos. 1 and 2. With the arbitral tribunal already constituted, petition disposed of with liberty reserved to approach the Tribunal; respondents' undertaking (recorded 19.02.2026) not to sell the shares continued till the Tribunal determines the application. No merits findings; no precedent cited.
What did the court decide?
Liberty reserved to the petitioner to avail remedy as permitted under law (before the constituted Arbitration Tribunal); the respondents' undertaking not to sell the shares to continue till determination of the said application by the Tribunal.