India Factoring And Finance Solution Private Limited v. Metaphor Export Private Limited 5 ORS

sat 1/1 arbp 476-2016.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION ARBITRATION PETITION NO. 476 OF 2016 India Factoring and Finance Solutions Pvt.Ltd.

...Petitioner

vs Metaphor Exports Pvt.Ltd. & Ors.

...Respondents

Mr.Vivek Patil I/b. Vivek Patil & Associates for Petitioner. Mr.Pritam P. Runwal for Respondent Nos.1 to 4. CORAM : S.C.GUPTE, J.

DATE : 10 JANUARY 2019 P.C. :

Learned Counsel for the Petitioner submits that the Petitioner would not like to press this petition filed under Section 9 of the Arbitration and Conciliation Act, 1996 ('Act'), but would like to take the matter to the arbitral forum under Section 17 of the Act. The Petitioner accordingly seeks liberty to do so.

The petition is disposed of as not pressed with liberty as prayed for. No order as to costs.

(S.C. GUPTE, J.)