Madras High Court holds that “irreparable loss is inevitable if a film is released before repayment of the financed amount” — Court grants an interim injunction restraining the release of the movie Kumki 2 pending arbitration

Madras High Court holds that “irreparable loss is inevitable if a film is released before repayment of the financed amount” — Court grants an interim injunction restraining the release of the movie Kumki 2 pending arbitration

Court’s decision The Madras High Court, exercising jurisdiction under Section 9 of the Arbitration and Conciliation Act, 1996, granted an interim injunction restraining the Respondents from distributing or releasing the…
arbitration

Calcutta High Court Appoints Arbitrator in Tata Capital’s Loan Dispute Against Bhubaneshwari Seafood, Holding Arbitration Not Barred by Parallel SARFAESI Proceedings and Allowing Arbitration by Successor Entity Despite Non-Signatory Status Under Loan Agreement

Court’s Decision The Calcutta High Court appointed Ms. Noelle Banerjee, Advocate, as the sole arbitrator to adjudicate disputes between Tata Capital and Bhubaneshwari Seafood regarding loan default, holding that arbitration…