Carrycon India Limited And 2 ORS v. L And T Finance Ltd. And ANR

arbp 1047 of 2016 (926).sxw

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION ARBITRATION PETITION NO.1047 OF 2016 Carrycon India Ltd. and Ors.

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Petitioners versus L and T Finance Ltd. and Anr.

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Respondents Ms. Madhavi Nalluri i/by M/s. TJS Legal, for Petitioners. Ms. S.I.Joshi i/by M/s. S.I.Joshi and Co., for Respondents. CORAM: S.J. KATHAWALLA, J.

DATE: 20th MARCH, 2017 P.C.:

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The learned Advocate for the Petitioners undertakes to pay an amount of Rs.2,50,000/- to the Respondents on or before 23-03-2017. In the event of the said amount being paid to the Respondents, the Respondents undertakes that they shall have no claim against the Petitioners arising out of the Award dated 30-03-2016. The above undertakings are accepted. In view thereof, the learned Advocate for the Petitioners seeks to withdraw the above Petition. The above Arbitration Petition is disposed of as withdrawn. Liberty to apply. ( S.J.KATHAWALLA, J. ) ssp 1/1