Bombay High Court Allows Appeals Against Appointment of Court Receiver in Arbitration Dispute Over Mortgaged Properties. Court holds that appointment of receiver pending arbitration is permissible under Section 9 of the Arbitration and Conciliation Act, 1996, but the impugned order was passed without proper application of mind and without considering the balance of convenience....
The case involves two commercial appeals filed under Section 37 of the Arbitration and Conciliation (Amendment) Act, 2015, challenging a common order dated 13th December 2016 passed by a learned singl...
