Anand v. Kotak Mahindra Bank Limited And ANR.

YOGESH SHARMA 2019.01.16 09:49 I attest to the accuracy and integrity of this document CR-2967-2017 (O&M)

IN THE HIGH COURT OF PUNJAB AND HARYANA

AT CHANDIGARH CR-2967-2017 (O&M) Date of decision : 14.01.2019 Anand ... Petitioner

Versus

Kotak Mahindra Bank Limited and others ... Respondents

CORAM:

HON'BLE MR. JUSTICE AMIT RAWAL

Present:

Mr. Ravinder Hooda, Advocate for the petitioner.

Mr. Subhash Goyal, Advocate for respondent No.1.

**** AMIT RAWAL, J. (ORAL) The short point involved in the present revision petition is whether revision petition for challenging the ex parte award would be maintainable. The answer is 'no', as the petitioner has an independent remedy to file the objections under Section 34 of the Arbitration and Conciliation Act, 1996.

Faced with the aforesaid situation, learned counsel for the petitioner seeks liberty of this Court to withdraw the present revision petition with liberty to file objections in accordance with law, provided that the time spent before this Court be condoned as per the Section 14 of the Limitation Act.

Ordered accordingly.

14.01.2019 Yogesh Sharma ( AMIT RAWAL ) JUDGE Whether speaking/reasoned Yes/ No Whether Reportable Yes/ No