Money Magnum Constructions And 2 ORS. v. Motilal Oswal Financial Services Ltd.

arbp 538 of 2016 (913).sxw

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION ARBITRATION PETITION NO.538 OF 2016 Money Magnum Constructions and Ors.

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Petitioners versus Motilal Oswal Financial Services Ltd.

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Respondent Ms. Kausar Banatwala i/by Mr. Tushar Goradia, for Petitioners. Mr. Rahul Karnik, for Respondent.

CORAM: S.J. KATHAWALLA, J.

DATE: 5th MAY, 2017 P.C.:

1.

The learned Advocates for the parties have tendered Consent Terms dated 28-04-2017. They submit that the Consent Terms be taken on record and the above Arbitration Petition be disposed of in terms of the Consent Terms. The Consent Terms are taken on record and marked 'X' for identification. The Consent Terms are signed by the Partner of Petitioner No.1, Petitioner Nos.2 and 3, Authorized Signatory of the Respondent and the learned Advocates for the parties. The signatories to the Consent Terms are present in Court. The undertakings recorded in the Consent Terms are accepted. The above Arbitration Petition is disposed of in terms of the Consent Terms, marked 'X'

. Notice of Motion No.2863 of 2016 also stands disposed of.

( S.J.KATHAWALLA, J. ) ssp 1/1