Tata Capital Financial Services Limited v. Ram Charan Company Private Limited and 2 others
Case brief
What is this about?
The court disposed of an interim application for injunction and asset disclosure, and two arbitration applications regarding security. Finding the respondent had already provided necessary documents, handed over property documents, and gave an undertaking not to alienate assets, the court held no further order was required and closed the pending applications.
What did the court decide?
The original application and connected arbitration applications No. 185 and 186 of 2021 were closed as the respondent's undertaking sufficed to preserve the property.