JUDGMENT

Navin Chawla, J. (Oral)--These two appeals filed under Section 37 of the Arbitration and Conciliation Act, 1996 (hereinafter referred to as the `Act') challenge the interim orders dated 08.06.2020 and 23.10.2020 passed by the learned Single Judge of this Court in the petition filed by the respondent under Section 9 of the Act being OMP (I) (COMM) 112/2020.

2. By the Impugned Order dated 08.06.2020, the learned Single Judge was pleased to allow the application being I.A. No. 4291/2020 filed by the respondent and restrained the appellant from taking any precipitate steps or alter the status of the aircraft/create any third party right or interest in the aircraft or its parts, till the pronouncement of the judgment in the main petition, that is, OMP (I) (COMM) 112/2020.

3. The appellant challenged the order dated 08.06.2020 by way of FAO (OS) (COMM) 124/2020 inter alia contending that the respondent had failed to initiate arbitral proceedings within the statutory period as stipulated in Section 9(2) of the Act. This Court vide its order dated 12.10.2020 passed the following interim order with the consent of the parties:

"After some arguments, with the consent of the parti