Racold Thermo Ltd And ANR v. M/S. Tara Chand Industries Ltd.

34.cap.14.2017.arbp.76.2015.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

CIVIL APPELLATE JURISDICTION CIVIL APPLICATION NO. 14 OF 2017 IN ARBITRATION PETITION NO. 76 OF 2015

1. Racold Thermo Ltd. & Anr.

.. Applicants/Petitioners Vs.

M/s. Tara Chand Industries Ltd.

.. Respondent Mr.Priten P. Killedar i/b Vijaykumar Dhakane for applicants/petitioners. None for respondent.

CORAM : K.R.SHRIRAM, J.

DATE : 17TH NOVEMBER 2017 P.C.

Heard the counsel for petitioners and also considered the affidavit in support. In view of what is stated in the affidavit in support, the application is allowed in terms of prayer clause (a).

Arbitration Petition No. 76 of 2015 is restored to file. Petitioners to serve respondent directly copy of the petition within two weeks from today, failing which, petition will stand dismissed without further reference to the Court. Reply to be filed and copy served within two weeks thereafter.

Petition be listed, if not dismissed as mentioned earlier, on 22nd December 2017.

Company Application disposed accordingly.

(K.R. SHRIRAM, J.) Shraddha Talekar PS 1/1