The Marine Productss Export Development Authority v. Ramaswamy Mukund And 3 ORS

12-COMEX-62-2023.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY AND ORIGINAL CIVIL JURISDICTION IN ITS COMMERCIAL DIVISION NOTICE NO.1 OF 2025 IN COMMERCIAL EXECUTION APPLICATION NO. 62 OF 2023 THE MARINE PRODUCTS EXPORT ) DEVELOPMENT AUTHORITY )...APPLICANT V/s.

RAMASWAMY MUKUND AND OTHERS )...RESPONDENTS Mr.B.B.Sharma a/w. Ms.Ramya Vidyadharan, Advocate for the Applicant.

Ms.Aparna Vhatkar, Advocate for the Respondent no.3.

CORAM

:

ABHAY AHUJA, J.

DATE :

25th AUGUST 2025 P.C. :

1.

Pursuant to earlier orders of this Court, today when the matter is called out, neither any response has been filed by the Respondent no.2 nor by the Respondent no.3.

2.

Mr.Sharma, learned Counsel, appearing for the Applicant submits that on 7th July 2025 it has been clearly observed that if no response is ARTI VILAS KHATATE filed by the next date, this Court would make the Notice absolute and by ARTI VILAS KHATATE Date:

2025.08.26 11:07:27 +0530 direct the execution to proceed in accordance with law. avk 1/2

12-COMEX-62-2023.doc 3.

Ms.Aparna Vhatkar, learned Counsel, appears for the Respondent no.3 and submits that the award has been challenged under Section 34 of the Arbitration and Conciliation Act, 1996, before a Court in Ernakulam, however, there is no stay on the execution of the award. 4.

Having heard the learned Counsel and having considered the submissions, this Court directs that the Notice be made absolute. 6.

Execution to proceed in accordance with law.

(ABHAY AHUJA, J.) avk 2/2