Reliance Capital Limited v. Bhanuben Girish Chheda And 2 ORS.

arbp 581 of 2016 (919) .sxw

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION ARBITRATION PETITION NO.581 OF 2016 Reliance Capital Ltd.

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Petitioner and Bhanuben Girish Chheda and Ors.

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Respondents Mr. Vishal Tambat, for Petitioner.

Mr. Chetan Mhatre i/by M/s. Utangale and Co., for Respondents. CORAM: S.J. KATHAWALLA, J.

DATE: 6th OCTOBER, 2016 P.C.:

1.

Since the arbitration has already commenced, the above Petition shall be treated as a Petition under Section 17 of the Arbitration and Conciliation Act, 1996 and decided by the learned Arbitrator within a period of four weeks from the date of this order. The Respondents shall maintain status as of today in respect of the mortgaged property for a period of four weeks from today. The above Arbitration Petition is accordingly disposed of.

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