Petition filed u/s 9 of Arbitration Act would be treated as application u/s 17 on appointment of Arbitrator: Delhi HC

FEMA amp; BANKING : Where petitioner had sanctioned a term loan SPDPL under a Loan-cum-Mortgage Agreement and Personal guarantee given by respondents for said loan was invoked on default by SPDPL and petitioner filed instant petition under Section 9 of the Arbitration and Conciliation Act, 1996 seeking reliefs in nature of directions to Respondents to deposit outstanding amount due and payable,

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