Interim Relief Under Section 9(2) of the Arbitration and Conciliation Act, 1996 : Does Non-Commencement of Arbitration Within Ninety Days Automatically Vacate Interim Protection?

Introduction : Interim measures under Section-9 of the Arbitration and Conciliation Act, 19961 are significant in safeguarding the interests of the parties concerned during the pre-arbitration stage or during the arbitration proceedings. This is because the parties involved in a commercial dispute usually seek assistance from the court when they need urgent protection regarding their assets, for keeping the matters in status quo, or avoiding any irreparable damage till the date of...