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Bombay High Court holds Mumbai as seat of arbitration in lender–borrower dispute—“Arbitration ‘to be held’ indicates seat, not mere venue; SARFAESI action no bar”; arbitrator appointed, interim protection granted
Court’s decision The Bombay High Court (Ordinary Original Civil Jurisdiction) allowed a lender’s application for appointment of an arbitrator under Section 11 of the Arbitration and Conciliation Act, 1996, and…
