Partly allowed
M/s.Tyro India (through its v. Indus Finance Ltd.
Madras HCA/5787/2017
Case brief
AI extract
What is this about?
The court held that once an arbitral tribunal is constituted, Section 9(3) of the Arbitration Act bars the court from entertaining interim applications unless the tribunal's remedy under Section 17 is ineffective. The court observed that the tribunal could effectively consider counterclaims and interim relief.
What did the court decide?
Interim injunction order dated 3.3.2017 continued for four weeks; parties directed to approach the arbitrator for interim relief; impleadment prayer to be decided by the arbitrator.