Bombay HC Dismisses Appeal Against Order U/S 9 Of Arbitration Act Injuncting Owner Of Kapani Resorts From Disposing Of Interest In Properties

Bombay High Court dismissed an appeal against an order passed under Section 9 of the Arbitration and Conciliation Act, which had injuncted the owner of Kapani Resorts from disposing of any interest in properties. Section 9 allows courts to grant interim measures of protection before or during arbitration. The dismissal of the appeal implies that the High Court upheld the lower court's decision to restrain the owner from alienating assets, likely to secure the subject matter of the ongoing arbitration proceedings.