Jitendra D. Domadia ANR 3 ORS v. Manhar P. Khadawala And 15 ORS

4-carbp120-16 vai

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION IN ITS COMMERCIAL JURISDICTION COMMERCIAL ARBITRATION PETITION NO.120 OF 2016 Jitendra D. Domadia & Ors.

...Petitioners

V/s.

Chandulal H. Patel & Ors.

...Respondents

Mr.Pratap Sampat with Ms.Khushbu Prabhu i/b Mr.Raju Jain for the Petitioners.

Mr.Kailas Surve i/b Mr.Amit Sheth for the Respondent No.1. CORAM : R.D. DHANUKA, J.

DATE : 3RD NOVEMBER, 2017.

P.C. :- 1.

Learned counsel for the petitioners states that as on today the petitioners do not seek to press this arbitration petition and would proceed with the on going arbitration proceedings before the learned arbitrator. In the event of the proceedings being not completed within the reasonable period of time, the petitioners seek a liberty to file a fresh petition in that situation. The statement is accepted. 2.

The arbitration petition is dismissed as withdrawn with liberty as prayed. The parties are directed to proceed with the arbitration proceedings before the learned arbitrator without any delay. None of the parties shall seek any unnecessary time before 1/2

4-carbp120-16 the learned arbitrator. The learned arbitrator shall dispose of the proceedings expeditiously.

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