Sanjeev Sikandarlal Khurana And Another v. Siddheshwar Associates And 2 Others

3.CARBP.361.2024.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION COMMERCIAL ARBITRATION PETITION NO.361 OF 2024 SANJEEV SIKANDARLAL KHURANA & ANR.

...PETITIONERS

VERSUS

M/S. SIDDHESHWAR ASSOCIATES & ORS.

...RESPONDENTS Petitioner represented, but the appearance has not been given. Mr. Vineet Jagtap i/b. Niranjan Jagtap & Co., Advocate for Respondents.

CORAM: SOMASEKHAR SUNDARESAN, J.

DATE : MARCH 10, 2025 PC :

1.

This is a Petition filed under Section 34 of the Arbitration and Conciliation Act, 1996 ("the Act").

2.

Learned Counsel for the Petitioners has handed in a draft of amendments proposed to be carried out. There is no objection from Learned Counsel for the Respondent to the draft amendments. The same is taken on record and marked 'X' for identification. 3.

Liberty is granted to amend the Petition in terms of draft amendment. The Petitioners shall carry out the amendment within a period of three weeks from today and serve a copy of the amended Petition on the Respondents.

4.

Having heard Learned Counsel for the parties for an overview of the matter, and based on the nature of the issues involved and bearing Digitally signed by AARTI GAJANAN PALKAR Date:

2025.03.15 11:22:30 +0530 MARCH 10, 2025 Aarti Palkar AARTI GAJANAN PALKAR

3.CARBP.361.2024.doc in mind the scope of jurisdiction under Section 34 of the Act, Learned Counsel have graciously agreed that the Petitioner shall take not more than 20 minutes and the Respondents shall take no longer than 20 minutes for verbal arguments in the matter.

5.

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.

6.

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.

7.

With the aforesaid commitments, stand over to April 8, 2025, for final hearing and disposal.

8.

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.] MARCH 10, 2025 Aarti Palkar