Priyanka Constructor (Baroda) v. Arvind And Smart Value Home Llp And ANR

901.311.16-ARBPL FARAD CONTINUATION SHEET

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION ARBITRATION PETITION (L) NO.311/2016 Office Notes, Office Memoranda of Coram, Appearances, court's orders or directions and Registrar's orders Court's or Judge's orders Mr. Dinesh Purandare a/w. Ms. Saumya Brijmohan i/b. Kartikeya & Associates for the Petitioner Dr. Birendra Saraf a/w. Ms. Usha Gadagkar i/b. Diamondwala & Co. for the Respondent No.1.

CORAM : K. K. TATED, J.

DATE : MARCH 1, 2016 P.C.:

1.

Heard. The learned counsel for the Respondent submits that both the bank guarantees as stated in prayer clause (e), has already been encashed by them.

2.

In view of the said encashment, the learned counsel for the Petitioner seeks permission to withdraw the petition with liberty to file a fresh petition in respect of other bank guarantees. To that effect, he has made an endorsement on Farad. Same is taken on record and marked "X" for identification.

3.

Arbitration Petition stands dismissed as withdrawn with liberty to file a fresh petition in respect of the remaining bank guarantees, if any. JUDGE Basavraj G Patil 1/1