Bharat Petroleum Corporation Limited v. Pramod Bijoykumar Nayak

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION INTERIM APPLICATION (L) NO.18742 OF 2024 IN ARBITRATION PETITION (L) NO.17993 OF 2024 Bharat Petroleum Corporation Limited ....Applicant

Versus

Pramod Bijoykumar Nayak ....Respondent Mr. S.R. Page a/w. Eesha Jaifalkar, Advocate for Applicant. Mr. Digvijay S. Kachare i/b. Desai Legal LLP, Advocate for Respondent.

CORAM: SOMASEKHAR SUNDARESAN, J.

DATE : AUGUST 12, 2025 ORDER :

INTERIM APPLICATION (L) NO.18742 OF 2024 1.

Subject to the amount awarded, including interest computed until today i.e. August 12, 2025 being deposited with the Registry of this Court within a period of two weeks from the upload of this order, execution of the Arbitral Award shall remain stayed. 2.

The Interim Application is hereby finally disposed of. Digitally signed by AARTI GAJANAN PALKAR Date:

2025.08.18 15:19:03 +0530 AARTI GAJANAN PALKAR

ARBITRATION PETITION (L) NO.17993 OF 2024 1.

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

2.

Heard Learned Counsel for the parties for an overview of the matter. Based on the nature of the issues involved and bearing in mind the scope of jurisdiction under Section 34 of the Act, Learned Counsel have graciously agreed that both the Petitioner and Respondent shall take not more than 10 minutes each for verbal arguments in the matter. 3.

Towards this end, the parties shall file a short Note on Submissions, not exceeding five pages, along with page and case law references, setting out the manner in which the points canvassed by them ought to be accepted by this Court.

4.

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 Learned 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. 5.

With the aforesaid commitments, stand over to September 18, 2025, for "Final Hearing- Section 34".

6.

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.]