Rajkot Nagrik Sahakari Bank Limited v. Navi Mumbai Co-Op Bank Limied Thr. Authorized And ORS
spm 1 906-Wp-8768-2022.doc
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
Digitally signed by MULEY SHUBHAM PRAVINRAO Date:
2022.10.21 17:29:26 +0530 MULEY SHUBHAM PRAVINRAO CIVIL APPELLATE JURISDICTION WRIT PETITION NO. 8768 OF 2022 Rajkot Nagrik Sahakari Bank Limited .....Petitioner Vs.
Navi Mumbai Co-Op Bank Ltd. and Ors.
.....Respondents Mr. Amey Hadwale a/w Ms. Geeta Lundwani for Petitioner. Mr. Dhaval Joshi, Branch Manager is present.
Mr. Dilip Bodake a/w Mr. Suyash Khose for Respondent No.1. CORAM : K. R. SHRIRAM & A. S. DOCTOR, JJ.
DATE : 21st OCTOBER, 2022 P.C.:- 1.
Parties have amicably settled the matter and have tendered Minutes of Order dated 21st October, 2022. The Minutes of Order is signed by the authorized signatory of Petitioner and Respondent No.1 and their respective Advocates. The same is taken on record and marked "X" for identification.
2.
Order in terms of the Minutes of Order. All statements and undertakings are accepted.
1/11
spm 2 906-Wp-8768-2022.doc For ease of reference, minutes of order is scanned and reproduced hereinbelow :
2/11
spm 3 906-Wp-8768-2022.doc 3/11
spm 4 906-Wp-8768-2022.doc 4/11
spm 5 906-Wp-8768-2022.doc 5/11
spm 6 906-Wp-8768-2022.doc 6/11
spm 7 906-Wp-8768-2022.doc 7/11
spm 8 906-Wp-8768-2022.doc 8/11
spm 9 906-Wp-8768-2022.doc 9/11
spm 10 906-Wp-8768-2022.doc 4.
Mr. Gautam Ankad (Mobile No.9967661342), an Advocate practising in this Court, is appointed as sole Arbitrator to Arbitrate on the dispute referred to in paragraph No.2 read with paragraph No.3 of the Minutes of Order.
10/11
spm 11 906-Wp-8768-2022.doc 5.
The fees to be fixed by the Arbitrator, administrative expenses, typing charges and venue charges to be shared equally between the parties, i.e., 50% by Petitioner and 50% by Respondents and the same shall be subject to cost in the Arbitral proceedings. 6.
The Arbitrator shall, within four weeks from today, submit disclosures as required under Section 11(8) read with Section 12(1) of the Arbitration and Conciliation Act, 1996 directly from the Advocates appearing for the parties.
7.
Petition accordingly stands disposed. No order as to costs. (A. S. DOCTOR, J.) (K. R. SHRIRAM, J.) 11/11