Tata Capital Financial Services Ltd. v. Radha Krishna Roadways Pvt.Ltd.

917-chsl1826-15 vai

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION CHAMBER SUMMONS (LODGING) NO.1826 OF 2015 IN ARBITRATION PETITION NO.1529 OF 2014 WITH ARBITRATION PETITION NO.1529 OF 2014 Tata Capital Financial Services Ltd.

...Petitioner

V/s.

Radha Krishna Roadways Pvt. Ltd.

...Respondent

Ms.Nilly Mehta i/b MDP & Partners for the Petitioner. Ms.Sarika R. Singh for the Respondent.

CORAM : R.D. DHANUKA, J.

DATE : 14TH OCTOBER, 2015.

P.C. :- 1.

By this chamber summons, the applicant seeks re-call of the order passed by this Court on 12th March, 2015 and seeks restoration of Arbitration Petition No.1529 of 2014 in view of the settlement arrived at between the applicant and the respondent. 2.

Learned counsel appearing for the parties have tendered the consent terms dated 1st October, 2015 duly signed by the parties and their respective advocates. The signatures of the parties have been identified by their respective advocates. The authorized 1/2

917-chsl1826-15 signatories i.e. Mr.Dhaval Vora, Associate V.P. - Special Assets Management Team of the Applicant / Petitioner and Mr.Sachin Shantilal Shah, Director of the respondent company, who have signed the consent terms are present in Court. 3.

By consent of parties, the order dated 12th March, 2015 is re-called. The arbitration petition is restored to file. The consent terms are taken on record and marked "X" for identification. The undertakings recorded in the consent terms are accepted. 4.

The arbitration petition is disposed of in terms of the consent terms. No order as to costs.

5.

The chamber summons is accordingly disposed of in aforesaid terms. No order as to costs.

(R.D. DHANUKA, J.) 2/2