Nayara Energy Ltd v. Mitchell Drilling International Pty Ltd

2026:BHC-OS:13151 144 carbp 1025-18+.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION IN ITS COMMERCIAL DIVISION COMMERCIAL ARBITRATION PETITION NO. 1025 OF 2018 WITH INTERIM APPLICATION NO.3632 OF 2024 WITH INTERIM APPLICATION (L) NO.20189 OF 2025 IN COMMERCIAL ARBITRATION PETITION NO. 1025 OF 2018 WITH NOTICE OF MOTION NO.1961 OF 2018 IN COMMERCIAL ARBITRATION PETITION NO. 1025 OF 2018 Nayara Energy Limited (Formerly Known As Essar Oil Ltd.) ... Petitioner.

Versus

Mitchell Drilling International Pty. Ltd.

... Respondent.

----- Mr. Sunil Gangan i/by RMG Law Associates for the Petitioner. Mr. Yash Arora i/by AOVAM LAW LLP for the Respondent. ----- Coram : Sharmila U. Deshmukh, J.

Date : June 15, 2026 P.C. :

1.

By order of 21st November, 2025, this court had taken the settlement agreement executed between the parties on record. 2.

Learned counsel appearing for the parties jointly submit that the arbitration petition be disposed of in terms of the settlement agreement. This Court is also informed that the entire payment as sa_mandawgad 1 of

144 carbp 1025-18+.doc per the settlement agreement has made by the Petitioner to the Respondent.

3.

Arbitration Petition stands disposed of in terms of the settlement agreement. Interim applications and notice of motion does not survive for consideration and stands disposed of. [Sharmila U. Deshmukh, J.] sa_mandawgad 2 of Signed by: Sanjay A. Mandawgad Designation: PA To Honourable Judge Date: 16/06/2026 13:23:28