16 August 2022


News

Calcutta HC: Order U/S 36 of A&C Act is Interim Order, Can be Modified on Basis of Financial Hardship - 10.05.2022

Calcutta High Court has held that financial hardship and financial indebtedness are sufficient grounds to modify an order passed under Section 36 of the Arbitration and Conciliation Act, 1996 to direct the debtor to deposit the awarded amount by way of cash security.

Tags : Calcutta High Court Arbitration and Conciliation Act 1996 Section 36 financial hardship financial indebtedness

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