MANMOHAN SINGH, J.

1. The petitioner has filed the present petition under Section 9 of the Arbitration & Conciliation Act, 1996 (for short, called “the Act”).

2. The petitioner inter alia has sought the following reliefs against the respondent:-

“(a) Restraining from selling, transferring, alienating, creating any third party interest or otherwise dealing with its spectrum or business in all six of its licensed service areas,

(b) Directing the respondent to require Bharti Airtel Limited to reserve out of the consideration to be paid to the respondent for purchase of the respondent's spectrum in six circles, and hold in trust for the petitioner, the claimed amounts of Rs.113.7 Crore in an interest bearing escrow account to be administered by the Registrar of this Court, or any alternative security; or

(c) Directing the respondent to reserve out of the consideration and hold in trust for the petitioner, immediately upon completion of its proposed transaction with Bharti Airtel Limited, the claimed amount of Rs.113.7 Crore in an interest bearing escrow account to be administered by