M/S. Tata Capital Financial Services Ltd. v. M/S. Neoteric Infomatique Limited And 2 ORS

carbp 121 of 2016 (932).sxw

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION COMM. ARBITRATION PETITION NO.121 OF 2016 M/s. Tata Capital Financial Services Ltd.

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Petitioner and M/s. Neoteric Infomatique Limited and Ors.

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Respondents Mr. Karl Tamboly with Ms. Tayatri Mohapatra, Ms. Akshaya Chivilkar-Sharma i/by India Law, for Petitioner.

Mr. Shyam Kapadia with Ms. Faiza Dhanani i/by M/s. Dhruve Liladhar and Co., for Respondents.

CORAM: S.J. KATHAWALLA, J.

DATE: 25 th OCTOBER, 2016 P.C.:

1.

The learned Advocate for the Respondents states that they shall not take up the plea before the learned Arbitrator that he has no jurisdiction, but shall proceed with the Application under Section 17 of the Arbitration and Conciliation Act, 1996 (the Act). The statement is accepted. The Respondents shall file their Affidavit in Reply to the Petition under Section 17 of the Act within a period of two weeks from today. The Petitioner shall file their Rejoinder within two weeks thereafter. The learned Arbitrator shall endeavour to decide the Application under Section 17 of the Act within a period of two weeks thereafter.

2.

The above Arbitration Petition is accordingly disposed of. ( S.J.KATHAWALLA, J. ) ssp 1/1