V.Ganesh v. M/s Indostar Capital Finance Limited and another
Case brief
What is this about?
In an application under Section 9 of the Arbitration and Conciliation Act, the court directed the respondents not to sell the repossessed vehicle until an arbitrator is appointed. The applicant must initiate arbitration within 60 days.
What did the court decide?
Order of injunction restraining the respondents from selling the vehicle till the appointment of the Arbitrator. Applicant to initiate arbitration within 60 days.