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Bombay High CourtARBP/112/2025disposed off

Prachi Jain v. Axis Bank Limited

2025-05-09Hon'Ble Shri Justice Somasekhar Sundaresan1 pages

929-ARBP-112-2025.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION ARBITRATION PETITION NO. 112 OF 2025 Digitally signed by SHRADDHA KAMLESH TALEKAR Date:

2025.05.20 15:30:12 +0530 Prachi Jain

...Petitioner(s)

Versus

Axis Bank Limited

...Respondent(s)

SHRADDHA KAMLESH TALEKAR Ms. Barirah Shaikh a/w. Mr. Sebin Michael Joseph, for Petitioner. Ms. Bijal Gogri i/b Om Guraj Law Chambers, for Respondent. CORAM : SOMASEKHAR SUNDARESAN, J.

Date : May 9, 2025 P. C.

1.

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

2.

Learned Counsel for the Axis Bank confirms that indeed all disputes and differences in relation to the recovery of the amounts owed by the Petitioner have been settled and the arbitral award may be treated as a nullity. The Petition is finally disposed of. 3.

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.] May 9, 2025 Shraddha