The Supreme Court of India, comprising a bench of Justice K. V. Viswanathan and Justice Alok Aradhe, has held that an award debtor—a party that has lost in arbitral proceedings—can invoke Section 9 of the Arbitration and Conciliation Act, 1996, post-award in rare and compelling cases to prevent irreparable prejudice and preserve the efficacy of
Unsuccessful Party In Arbitration Can Seek Interim Protection Under Section 9 In Rare Cases: Supreme Court Directs NPCC To Deposit ₹3.5 Crore
