JUDGMENT

Jyoti Singh, J. Present appeal has been filed by the Appellant under Section 37 (2) (b) of the Arbitration and Conciliation Act, 1996 (hereinafter referred to as the `Act') challenging an interim order dated 11.09.2019 passed by the Sole Arbitrator, whereby the Arbitrator while declining to pass an Interim Award has passed an order in the nature of an interim measure directing the Appellant to furnish a Bank Guarantee for an amount of Rs.1,39,63,482/-.

2. Brief facts necessary for adjudication of the present appeal are that the Appellant which is a Public Limited Company had amalgamated with M/s TASEC Limited, the original Respondent before the Arbitrator. M/s TASEC Limited was a leading provider of Homeland Security Services to Corporates and Government and provided integrated solutions in Cyber, Physical and OT security areas in India. Respondent is an advisor for IT/telecom needs, including telephone systems, carrier services, voice/video/data networks, IP surveillance, internet services, etc. Appellant is the Respondent in the Arbitration Proceedings and is being referred to as Appellant hereinafter, while Respondent who is the Claimant before the Arbitrator is bei