L & T Finance Limited v. Delhi Control Devices Pvt Ltd. & ORS.

$~26 * IN THE HIGH COURT OF DELHI AT NEW DELHI + O.M.P.(I) (COMM.) 173/2017 L & T FINANCE LIMITED ..... Petitioner Through Mr. Punit K Bhalla, Advocate versus DELHI CONTROL DEVICES PVT LTD. & ORS.

..... Respondents Through None

CORAM:

HON'BLE MR. JUSTICE VIBHU BAKHRU

O R D E R

% 02.05.2017 IA No. 5180/2017 Exemption is allowed subject to just exceptions. The application stands disposed of.

O.M.P.(I) (COMM.) 173/2017 The petitioner has filed the present petition under Section 9 of the Arbitration and Conciliation Act, 1996 (hereafter 'the Act'), inter alia, praying for issuance of warrants of attachment against the properties mentioned in the petition.

The learned counsel for the petitioner states that the arbitral tribunal has been constituted and arbitral proceedings are pending. In these circumstances, the present petition is disposed of with liberty to to the petitioner to approach the arbitral tribunal under section 17 of the Act to seek such relief as may be advised including the reliefs as prayed for in this petition.

VIBHU BAKHRU, J MAY 02, 2017 sm