Question

In a pending arbitration case, the arbitral tribunal passed an order of interim injunction under Section 17 of the Arbitration and Conciliation Act, 1996 restraining encashment of a Bank Guarantee. The aggrieved party has the following remedies

In a pending arbitration case, the arbitral tribunal passed an order of interim injunction under Section 17 of the Arbitration and Conciliation Act, 1996 restraining encashment of a Bank Guarantee. The aggrieved party has the following remedies

.

Option A: Filea review before the arbitrator
Option B: File an appeal under Section 37 of the Arbitration and Conciliation Act, 1996
Option C: a civil suit challenging the interim File a order
Option D: None of these

Correct Answer

Option: b

Explanation

Section 17 and section 37(2), aggrieved party can file an appeal under section 37 of the Arbitration and Conciliation Act, 1996.

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