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HomeCompany & PMLANo Prima Facie Arbitration Agreement In Restructuring Dispute: Delhi HC Denies Section...

No Prima Facie Arbitration Agreement In Restructuring Dispute: Delhi HC Denies Section 9 Relief To Parsvnath Group Against ARCIL

Company & PMLA

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By Mariya Paliwala
delhi high court

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The Delhi High Court has declined to grant interim protection to Parsvnath Developers Limited and its group entities in their dispute with Asset Reconstruction Company (India) Limited (ARCIL), holding that the petitioners failed to establish the prima facie existence of a valid arbitration agreement governing the present restructuring dispute. The bench of Justice Jasmeet Singh…

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Mariya Paliwala
Mariya Paliwalahttps://www.jurishour.in/
Mariya is the Senior Editor at Juris Hour. She has 7+ years of experience on covering tax litigation stories from the Supreme Court, High Courts and various tribunals including CESTAT, ITAT, NCLAT, NCLT, etc. Mariya graduated from MLSU Law College, Udaipur (Raj.) with B.A.LL.B. and also holds an LL.M. She started her career as a freelance tax reporter in the leading online legal news companies.

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