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Bombay High Court Quashes Interim Relief for Delay in Filing Application Under Arbitration Act: “Tribunal Ignored Nine-Year Lapse and Prejudice to Petitioners While Granting Relief”
Court’s Decision: The Bombay High Court quashed the arbitral tribunal's interim order granting relief to the respondents under Section 17 of the Arbitration and Conciliation Act, 1996. The court held…