APPEAL UNDER SECTION 37 OF ARBITRATION AND CONCILIATION ACT 1996 No. 485 of 2024 at Allahabad

Neutral Citation No. - 2025:AHC:16860-DB Chief Justice's Court Case :- APPEAL UNDER SECTION 37 OF ARBITRATION AND CONCILIATION ACT 1996 No. - 485 of 2024 Appellant :- Pramod Kumar Tiwari and another Respondent :- Kailash Narayan Gupta and another Counsel for Appellant :- Nipun Singh, Shivam Shukla Counsel for Respondent :- Rishabh Agarwal, Tarun Agrawal Hon'ble Arun Bhansali, Chief Justice Hon'ble Kshitij Shailendra, J. 1. This appeal is directed against order dated 06.09.2024 passe by Commercial Court, Jhansi, on an application filed by the respondents under Section 9 of the Arbitration and Conciliation Act, 1996, which order has been corrected by order dated 19.12.2024. 2. The Commercial Court, after hearing the parties, has restrained sale or transfer of property in question, i.e. Land Nos. 762, 763, 764, 765, 766, 767, 768, 769, 770, 771, 772 and 782 in favour of any third party, till the constitution of the Arbitral Tribunal. 3. Counsel for the respondents points out that by order dated 31.01.2025 passed by this Court in Arbitration and Conciliation Application U/S 11(4) No. 158 of 2024, the Court has proposed Arbitrator to decide the dispute between the parties and consent fr