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Mr Stephen Phillips QC and Mr Sandy Phipps (instructed by Dundas and Willson LLP) for the Claimant Mr Khawar Qureshi QC (instructed by Norton Rose LLP) for the Defendant Hearing dates: 11th and 12th October 2010 ____________________
The judge then went on to consider the position as regards arbitration as follows:
In view of the above, Moser Baer's application for an interim injunction was dismissed, though the proceedings for other relief remain on foot.
"Having considered the submission made by learned counsel for the parties, we are of the opinion that it will be appropriate in the interest of justice that the matter be decided at the admission stage itself after exchange of the affidavits between the parties, and till the next date of listing, the respondent no.1 be restrained from encashing the Bank Guarantee, if not already encashed, and from making any future shipment of the product to the petitioner/applicant."
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Common Room
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