NICCO CORP.LTD. vs PRYSMIAN CAVIE SISTEMI ENERGIA S.R.L&ANR

The Supreme Court set aside the Calcutta High Court's Division Bench order vacating the interim injunction, emphasizing that the Division Bench should have fully examined the issues regarding the arbitration agreement's validity before making a decision. The Court directed the parties to file necessary documents and affidavits, and requested the Division Bench to resolve the injunction application expeditiously. The interim order will remain in effect for three months or until the Division Bench decides the application, whichever is earlier.