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Bombay High Court Sets Aside Personal Disclosure and Deposit Directions Against Promoter in Arbitration, Holding Limited Liability of One Person Company Bars Interim Relief Against Sole Shareholder Absent Contractual Basis
Court’s Decision The Bombay High Court partially allowed the appeals under Section 37(2)(b) of the Arbitration and Conciliation Act, 1996 by setting aside the arbitral tribunal’s direction requiring the sole…