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Bombay High CourtARBP/1238/2016disposed off

Reliance Capital Limited v. India Sales Corporation And 2 ORS

2017-02-17Hon'Ble Shri Justice G.S. Patel1 pages

212-ARBP1238-16.DOC Atul

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION ARBITRATION PETITION NO. 1238 OF 2016 Reliance Capital Ltd

...Petitioner

Versus

India Sales Corporation & Ors

...Respondents

Mr Nilesh Gala, i/b Law Square, for the Petitioner. CORAM: G.S. PATEL, J DATED:

17th February 2017 PC:- 1.

There is a difficulty in serving the Respondents and locating the secured assets. In fact, the Petitioners have had to resort to substituted service. The Petitioners have invoked arbitration. The Respondents are not appearing.

2.

Liberty to the Petitioners to make an interim application before the learned Arbitrator and if successful to put them into execution. The ad-interim order dated 15th December 2016 to continue till then.

3.

The Petition is disposed of accordingly. There will be no costs.

(G. S. PATEL, J.) 17th February 2017