Tata Capital Financial Services Ltd. v. M/S. Krishidhan Seeds Pvt. Ltd. And 11 ORS.

arbp512-15 vai

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION ARBITRATION PETITION NO.512 OF 2015 Tata Capital Financial Services Ltd.

...Petitioners

V/s.

M/s.Krishidhan Seeds Pvt. Ltd. & Ors.

...Respondents

Mr.Sankalp Anantwar i/b India Law for the Petitioners. Mr.Kunal Dwarkadas with Mr.Dipen Merchant i/b Kartikeya & Associates for Respondent No.1.

Mr.Rohan Cama i/b Dastur Kalambi & Associates for Respondent Nos.2 to 7 and 10 to 12.

No R. & P.

CORAM : R.D. DHANUKA, J.

DATE : 25TH JUNE, 2015.

P.C. :- 1.

Learned counsel appearing for the petitioners and respondent no.1 have tendered the consent terms dated 25th June, 2015 signed by the petitioners, respondent no.1 and their respective advocates. The consent terms are taken on record and marked "X" for identification. The signatures of the authorized representative of the petitioners and respondent no.1 have been identified by their advocates. The authorized representative of the petitioners and respondent no.1 are present in Court.

2.

It is made clear that the consent terms entered into between the petitioners and respondent no.1 would bind only to the 1/2

arbp512-15 parties to the consent terms and not other respondents. The undertakings recorded in the consent terms are accepted. 3.

It is made clear that the rights and obligations of the petitioners against the other respondents, if any, would continue. (R.D. DHANUKA, J.) 2/2