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Bombay High CourtARBP/98/2024disposed off

Ashutosh Srivastava v. Dewan Housing Finance Corportion Limited (Deleted) And ANR

2025-10-08Hon'Ble Justice Kamal Khata2 pages

901-osarbp-98-2024.doc Sumedh

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION ARBITRATION PETITION NO.98 OF 2024 Ashutosh Srivastava ... Petitioner v/s.

Dewan Housing Finance Corporation Ltd, (deleted) & Anr.

... Respondents WITH INTERIM APPLICATION (L) NO.32427 OF 2022 IN ARBITRATION PETITION NO.98 OF 2024 _______________________ Mr. Vishal Maheshwari i/by VM Legal for the Petitioner. Ms. Priya Nigwekar i/by Adv. Pallavi Chari for Respondent No.1(a).

_______________________ CORAM : KAMAL KHATA, J.

DATED : 8TH OCTOBER 2025.

P.C. :

1.

The Respondent No.1-a has filed an affidavit dated 6th October 2025. The said affidavit records that, the Respondent No.1-b-Company intends to proceed against the Petitioner under the provisions of SARFAESI Act.

2.

In view of the statement contained in the said affidavit, learned Advocate for the Respondents submits that the present Petition may be allowed and the award dated 11th December 2021 be set aside.

Digitally signed by SUMEDH NAMDEO SONAWANE Date:

2025.10.09 19:32:01 +0530 1/2 SUMEDH NAMDEO SONAWANE

901-osarbp-98-2024.doc 3.

In view of the above, Petition is allowed in terms of prayer clause (a) and the Petition and Interim Application, if any, stands disposed.

(KAMAL KHATA, J.) 2/2