Whether Initiation of Arbitration Bars Criminal Proceedings? Ansswers Delhi HC

The Delhi High Court authorised the Police to examine a complaint submitted by a Non-Banking Finance Company against one of its defaulting borrowers, observing that the initiation of arbitration does not preclude a party from pursuing criminal actions. “There is no obstacle to bringing criminal actions once arbitration has began,” Justice Subramonium Prasad stated. In

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