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Supreme Court of India · 2022-04-19

EVERGREEN LAND MARK PVT. LTD. vs JOHN TINSON AND COMPANY PVT. LTD.

Citation / case number
SC 2022/7775
Court
Supreme Court of India
Petitioner
EVERGREEN LAND MARK PVT. LTD.
Respondent
JOHN TINSON AND COMPANY PVT. LTD.
Author
HON'BLE MR. JUSTICE M.R. SHAH
Bench
HON'BLE MRS. JUSTICE B.V. NAGARATHNA HON'BLE MR. JUSTICE M.R. SHAH

Judgment text excerpt

The Supreme Court upheld the decision of the High Court dismissing the appeal against the Arbitral Tribunal's order requiring the appellant to deposit rental amounts for the period of March 2020 to December 2021. The court found that the Arbitral Tribunal acted within its powers under Section 17 of the Arbitration and Conciliation Act, 1996, in ordering the deposit as an interim measure. The judgment reinforces the authority of arbitral tribunals to impose interim measures in disputes arising from lease agreements.

EVERGREEN LAND MARK PVT. LTD. vs JOHN TINSON AND COMPANY PVT. LTD. · Niyam