The Arbitration and Conciliation Act, 1996
9. Interim measures
etc. by Court.
A party may, before,
or during arbitral proceedings or at any time after the making of the arbitral
award but before it is enforced in accordance with section 36, apply to a
court-
i.
for
the appointment of a guardian for a minor or person of unsound mind for the
purposes of arbitral proceedings; or
ii.
for
an interim measure of protection in respect of any of die following matters,
namely:-
a. the preservation,
interim custody or sale of any goods which are the subject-matter of the
arbitration agreement;
b. securing the amount
in dispute in the arbitration;
c. the detention,
preservation or inspection of any property or thing which is die subject-matter
of the dispute in arbitration, or as to which any question may arise therein
and authorising for any of the aforesaid purposes any person to enter upon any
land or building in the possession of any part) or authorising any samples to
be taken or any observation to be made, or experiment to be tried, which may be
necessary or expedient for the purpose of obtaining full information or
evidence;
d. interim injunction or
the appointment of a receiver;
e. such other interim
measure of protection as may appear to the Court to be just and convenient, and
the Court shall have the same power for making orders as it has for the purpose
of, and in relation to, any proceedings before it.