M.B.Ramya, (BA BL degree), Advocate, Madras High Court
Introduction
Sec.17 of the Arbitration Act which deals with the power of the Arbitral Tribunal to grant interim relief has always been subject to judicial interpretation. With continuing discussion and judicial pronouncements around the provision, much ambiguity has been put to rest by the Arbitration and Conciliation (Amendment) Act, 2015. This article aims to discuss the effect of this amendment, on the extent of power exercisable by the Arbitral Tribunal in granting interim relief and enforcement of such orders.
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