Religare Finvest Ltd v. Bhagwati Banquets And Hotels Ltd

$~43 *

IN THE HIGH COURT OF DELHI AT NEW DELHI

+ O.M.P.(I) (COMM.) 15/2016 RELIGARE FINVEST LTD ..... Petitioner Through Mr.Ajay Uppal, Adv.

versus BHAGWATI BANQUETS AND HOTELS LTD & Ors.

.... Respondents Through None.

CORAM:

HON'BLE MR. JUSTICE MANMOHAN SINGH

O R D E R

% 22.03.2016 Learned counsel for the petitioner submits that the arbitrator has already entered into the reference. The matter is in progress. Respondent Nos.1,3 to 6 are served. Service report of respondent No.2 is awaited. Learned counsel for the petitioner submits that in view of the pendency of the arbitration proceedings, interim order dated 15th January, 2016 be made absolute. Learned counsel for the petitioner has no objection if liberty is granted to the respondents to move an application for modification or vacation of the interim order before the arbitrator. The present petition is disposed of. Liberty as mentioned above is granted to the respondents. Order dated 15th January, 2016 is made absolute. MANMOHAN SINGH, J.

MARCH 22, 2016/vp