Bombay High Court Allows Section 9 Petition for Interim Relief Despite Pending SICA Reference — Guarantors' Liability Not Barred by SICA. Financial Institution's Petition Under Section 9 of the Arbitration and Conciliation Act, 1996 for Appointment of Receiver and Injunction Against Guarantors Held Maintainable Despite Principal Borrower's Pending Reference Under Section 15(1) of SICA.
17 Feb 2012The Petitioner, Tata Capital Ltd., a financial institution, filed a petition under Section 9 of the Arbitration and Conciliation Act, 1996 seeking int...




