The pendency of any arbitral proceeding is not a pre-condition in exercise of power by court. The court may grant interim relief before or during arbitral proceedings or at anytime after making of the arbitral award before it is enforced. It was held in case of
A. Om Prakash v. State of Uttar Pradesh, AIR 2010 Uttra 64
B. Globe Co-generation Power Ltd. v. Shri Hirenyakeshi Sahkari Karkhana Niyamit, AIR 2005 Kant 94
C. MCD v. Pradeep Oil Mills Pvt. Ltd., AIR 2010 Del 119
D. None of the above
Answer: Option B
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