JUDGEMENT (ORAL)

HARISH VAIDYANATHAN SHANKAR, J.

1. The present Petition has been instituted under Section 9 of the Arbitration and Conciliation Act, 1996¹A&C Act, read with Section 151 of the Code of Civil Procedure, 1908, seeking ad-interim ex parte reliefs for preservation and protection of the subject matter of the arbitration, namely, the first floor of the property bearing No. E-135, Greater Kailash-I, New Delhi²Subject property.

2. The Petitioner principally seeks an order directing maintenance of status quo with respect to the title, structure, nature, character, and possession of the aforesaid property, along with a restraint against any act or omission by any party that may result in alteration or change in the character of the said property.

3. The Petitioner further seeks restraint orders against the Respondents, their attorneys, agents, servants, employees, representatives, heirs, or any person acting on their behalf, from creating any third-party rights, interests, encumbrances, or alienations in respect of the first floor of the aforesaid property during the pendency of the arbitral proceedings.

4. At the outset, this Court takes note of the fact that despite service