Ad-Interim Orders, Section 37(1)(b), and Article 227: Analysing the Missed Opportunity in Jindal Steel v. Bansal Infra
This article analyses the Supreme Court’s decision in M/s Jindal Steel & Power Ltd. v. Bansal Infra Projects Pvt. Ltd., arguing that the Court missed a key opportunity to clarify Indian arbitration law. The judgment failed to resolve whether ad-interim orders under Section 9 of the Arbitration and Conciliation Act, 1996, are appealable under Section 37(1)(b). This ambiguity encourages litigants to bypass the statutory appellate process by using Article 227 of the Constitution. The author argues that the Court also neglected to apply established tests for judicial intervention, such as “patent lack of jurisdiction,” which undermines arbitral autonomy. The article concludes that this decision creates procedural instability and calls for legislative and judicial clarification to restore the Act's self-sufficient framework.
Sharnam Agarwal
January 3, 2026No Claim Certificates in Indian Construction Arbitration: Balancing Coercion and Discharge
Prof. (Dr.) Ajar Rab
December 20, 2025What’s in a Name? On the Regulation of “Phantom Stocks” under Tax law and FEMA
Bhasvar Adlakha
December 15, 2025Slicing the Award Too Thin: HPCL v. G.R. Engineering and the Drift from Severance to Modification under Section 34
Anubhuti Raje
December 1, 2025Corporate Governance and Minority Protection: Dissecting SEBI’s New LODR Framework for HVDLEs
Pragya Richa Tiwary
November 4, 2025Balancing Flexibility and Investor Protection: A Critical Review of SEBI’s Proposed Reforms for Asset Management Companies
Arihant Sethia, Keshav Kulshrestha
November 1, 2025Algorithmic Insurance and Resource Pooling: The Missing Piece in SEBI’s AI/ML Governance Framework
Ashish Rawat, Saksham Shivam
October 30, 2025A “High-Stakes Bet”? Revisiting SEBI’s ESG Debt Securities Framework
Abhishek Kajal
October 25, 20256th NLS Trilegal International Arbitration Conference (NLSTIAC) 2025
NLSTIAC Rapporteurs
October 16, 2025Managerial Remuneration should be classified as a Related Party Transaction to curb Promoter Influence
Mohit Kumar Manderna, Kritika Vatsa
October 11, 2025Balancing Shareholder And Creditor Interests In Corporate Insolvency: A Global Perspective
Pranava Kapur, Garrv Jain
October 4, 2025Modification, Merits, and Mayhem: Can Indian Arbitration Regain Coherence? (Part II)
Animesh Bordoloi, Dhruv Madan, Sanjana Pershad
September 12, 2025Modification, Merits, and Mayhem: Can Indian Arbitration Regain Coherence? (Part I)
Animesh Bordoloi, Dhruv Madan, Sanjana Pershad
September 12, 2025Sharp Lines in the Sand: How the Hazy Law on ‘Tax Deductions at Source’ Found Neat Bounds
Yash Sinha
September 7, 2025Jane Street: The line between market manipulation and arbitrage
Mohit Mudgal, Sanya Sud
August 24, 2025Assessing the Standing of Third-Party Funders within the Insolvency Framework
Siddhant Shinde
August 18, 2025Rights Issue under the amended ICDR Framework – regulatory arbitrage through backdoor entry for preferential issue of shares?
Pranati
August 10, 2025The Data Cartel: Unmasking Anti-Competitive Practices Through the Lens of India’s Digital Regulation
Sakshi Tiwari and Agrima Dhyani
July 17, 2025SEBI’s Co-investment Framework for AIFs: Analysing the Proposed Reforms and Path Forward
Yashika Lakhotia and Yarabham Akshit Reddy
July 1, 2025