Jitendra Mayekar., v. M/S. Mahindra And Mahindra Financial Services Ltd., Thr The Manager And 2 ORS.,

Jitendra Mayekar v M/s Mahindra & Mahindra Financial Services Ltd & Ors 59-AUA10-16.doc Amrut

IN THE HIGH COURT OF BOMBAY AT GOA

APPEAL UNDER ARBITRATION ACT NO.10 OF 2016 Jitendra Mayekar ... Appellant

Versus

Mahindra & Mahindra Financial Services Ltd & Ors

...Respondents

Shri A Kakodkar, Advocate for the Appellant.

Shri V Rodrigues, Advocate for Respondent No 1.

CORAM:

G.S. PATEL,J DATED:

7th September 2017 PC:- 1.

Shri Rodrigues, learned Advocate on behalf of respondent No 1, states that the Execution Proceedings initiated by them will be withdrawn and no further legal action will be taken against the Appellant for recovery of dues.

2.

Shri Rodrigues clarifies on instructions that the Award in question is agreed to be marked satisfied. The statement is accepted.

3.

The Appeal is disposed of in these terms. Civil Application No 232 of 2016 does not survive and is disposed of accordingly. 4.

Shri Dinesh Shet, officer of Respondent No 1 is personally present in Court.

7th September 2017

Jitendra Mayekar v M/s Mahindra & Mahindra Financial Services Ltd & Ors 59-AUA10-16.doc 5.

In view of this order, the Execution Proceedings will stand closed.

6.

All concerned to act on an authenticated copy of this order. G. S. PATEL J.

7th September 2017