Pant Nagar Ashwamegh Co-Operative Housing Soc Ltd v. Kavya Construction Company(Formerly Known As Akruti Constructions Company)

8.CARBP.224.2024.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION COMMERCIAL ARBITRATION PETITION NO.224 OF 2024 Pant Nagar Ashwamegh Co-Operative Housing Soc. Ltd.

....Petitioner

Versus

Kavya Construction Company (Formerly Known As Akruti Constructions Company) ....Respondents Mr. Ranjeev Carvalho a/w. Rishab Murali, Sakshi Agarwal & Saloni Doshi i/b. Bipin Joshi, Advocates for Petitioner. Mr. Fausar Banatwala a/w. Yash Sheth & Dhavall Gandhy i/b. Tushar Goradia, Advocates for Respondents.

CORAM: SOMASEKHAR SUNDARESAN, J.

DATE : OCTOBER 15, 2025 ORDER :

1.

This matter is listed today for seeking further clarifications and taking on record further developments since the matter was last heard. 2.

Note on submissions by Mr. Ranjeev Carvalho, Learned Counsel on behalf of the Petitioner is taken on record. An updated and reiterated affidavit of indemnity of the Respondent dated October 15, 2025 is also taken on record.

Digitally signed by AARTI GAJANAN PALKAR Date:

2025.10.27 13:50:38 +0530 AARTI GAJANAN PALKAR OCTOBER 15, 2025 Aarti Palkar

8.CARBP.224.2024.doc 3.

The notice of possession issued on behalf of Edelweiss Asset Reconstruction Company Limited is also placed on record and is marked 'X' for identification.

4.

Judgment is now reserved and will be passed shortly. 5.

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.] OCTOBER 15, 2025 Aarti Palkar