Aditya Birla Housing Finance Limited v. Rise Projects Pvt Ltd

916.CARBP.373.2024.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION COMMERCIAL ARBITRATION PETITION NO.373 OF 2024 WITH COMMERCIAL ARBITRATION APPLICATION NO.198 OF 2024 Aditya Birla Housing Finance Limited ....Petitioner/Applicant

Versus

Rise Projects Pvt. Ltd.

....Respondent Mr. Rohaan Cama a/w Mr. Mutahhar Khan, Mr. Vishal Maheshwari, and Mr. Mihir Beradia i/b VM Legal Mr. Bhupendra Rajput, Authorized Representative, Advocate for Petitioner/Applicant.

CORAM: SOMASEKHAR SUNDARESAN, J.

DATE : APRIL 17, 2025 PC :

1.

This is a Petition filed under Section 9 of the Arbitration and Conciliation Act, 1996 ("the Act").

2.

Heard Learned Counsel for the parties for an overview of the matter. Based on the nature of the issues involved and bearing in mind the scope of jurisdiction under Section 9 of the Act, Learned Counsel have graciously agreed that the Petitioner shall take not more than 10 minutes and the Respondents shall take no longer than 10 minutes for verbal arguments in the matter.

by AARTI GAJANAN PALKAR Date:

2025.04.25 16:36:50 +0530 AARTI GAJANAN PALKAR APRIL 17, 2025 Aarti Palkar

916.CARBP.373.2024.doc 3.

Towards this end, the parties shall file a short Note on Submissions, not exceeding five pages, along with page and case law references, focusing on the scope of Section 34 of the Act, and setting out the manner in which the points canvassed by them ought to be accepted by this Court.

4.

It is made clear that the time commitments made above shall bind the parties, and such time shall be utilized at the discretion of the Counsel for verbalizing the pivotal submissions, resting assured that the rest of their contentions from their Note on Submissions, would be dealt with by the Court.

5.

With the aforesaid commitments, stand over to April 30, 2025 on Supplementary Board for final hearing and disposal. 6.

All actions required to be taken pursuant to this order, shall be taken upon receipt of a downloaded copy as available on this Court's website.

[ SOMASEKHAR SUNDARESAN, J.] APRIL 17, 2025 Aarti Palkar