1. The appellant being aggrieved by the judgment and order dated 29th March, 2012 passed by the learned Trial Judge on their application under section 9 of the Arbitration and Conciliation Act, 1996 (hereinafter referred to as said 'Act') has preferred the instant appeal. The learned Trial Judge has refused to pass any effective ad interim order, though prayed for and had given direction simply for filing affidavits to hear it out finally some times in the month of May, 2012. The short fact leading to filing of the application as aforesaid and preferring instant appeal is as follows:-

2. By an agreement in writing dated 10th April, 2012 appellant agreed essentially to acquire mining leasehold interest granted to the respondent company and the respondent firm, by Rajasthan State Government by acquiring entire issued share capital of the respondent company as well as the shares of the respondent Nos. 2 and 3 in the respondent firm together with right of management and control of the company and the firm. It was agreed that purchase consideration for the shares of the respondent company would be at Rs. 20,50,00,000/-, and that of for the shares of the respondent Nos. 2 and 3 at