Sikkim Ferro Alloys Ltd. v. I.B. Commercial Pvt. Ltd. And Allahabad Bank (Intervener)

KPPNair

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION ARBITRATION PETITION NO. 1233 of 2015 Sikkim Ferro Alloys Ltd.

... Petitioner vs.

I.B. Commercial Pvt. Ltd.

...Respondent

Mr. S.G. Lakhani for the Petitioner.

Mr. Jamil Khan for the Respondent.

CORAM: S.J. KATHAWALLA, J.

DATE : 22nd April, 2016 P.C.

The learned Advocates appearing for the parties have tendered Consent Terms dated 22nd April, 2016. 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 authorised signatory of the Petitioner and the Director of the Respondent, who are present in Court. The Consent Terms are also signed by the Advocates for the parties. The undertakings recorded in the Consent Terms are accepted. Arbitration Petition is disposed off in terms of the Consent Terms marked "X". (S.J. KATHAWALLA, J.)