P.T.ASHA
Aapico Investment Pte. Limited – Appellant
Versus
Manickam Mahalingam – Respondent
ORDER :
The applicant before this Court has filed various applications seeking interim measures under Section 9 of the Arbitration and Conciliation Act, 1996, as amended by the Arbitration and Conciliation(Amendment) Act 2015, in respect of an International Commercial Arbitration. The Arbitral proceedings are underway in respect of two Loan Agreements dated 25.05.2017 and 29.09.2018. These applications are in respect of the Personal Guarantee Deeds executed by the Respondent as security for the said Loan Agreements on 25.05.2017 and 01.10.2018 respectively.
2. VARIOUS APPLICATIONS FILED:
(a) A.No.1100, 9491, 9492, 9493 and 9494 of 2019 is in respect of the Loan Agreement dated 25.05.2017.
(b) A.No.1148, 9765, 9766, 9768 and 9769 of 2019 is with regard to the Loan Agreement dated 29.09.2018.
Identical interim reliefs have been sought for in respect of the two agreements.
(a) To restrain the respondents, his representatives, agents, successors or any other person claiming through or under him from in any manner dealing with the respondents assets, movable and immovable, monies, bank accounts wherever situated and from encumbering, selling, transferring or creating any third party interest
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