Shivam Development Corporation v. New Siddhart Nagar Shree Laxmi Co Operative Society Ltd

Neeta Sawant 903-CARBP--427-2025.docx

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION COMM. ARBITRATION PETITION NO. 427 OF 2025 Shivam Development Corporation .....PETITIONER : VERSUS :

New Siddhart Nagar Shree Laxmi Co-operative Housing Society Ltd.

& Ors.

....RESPONDENTS Mr. Sheelang Shah with Mr. Pankaj A. Uttaradhi, for the Petitioner. Mr. Yogendra M. Kanchan i/b. YMK Legal, for the Respondent. CORAM : SANDEEP V. MARNE, J.

DATED : 7 APRIL, 2026.

P.C. :

1) The learned counsel for the parties jointly submit that parties have amicably resolved the disputes amongst them. Consent Terms are tendered which are signed by the Petitioner and authorised signatories of all the 12 Respondent-Societies. Alongwith the Consent Terms, Resolutions adopted by each of the 12 Societies are also appended. Signatories to the Consent Terms are personally present before the Court. They admit their signatures on the Consent Terms, as well as the contents thereof. The Consent Terms are taken on record and marked 'X' for identification. Statements made in the Consent Terms are accepted as Undertakings given Digitally signed by NEETA SHAILESH SAWANT Date:

2026.04.08 11:59:51 +0530 to the Court. The Commercial Arbitration Petition is disposed of in terms NEETA SHAILESH SAWANT of the Consent Terms.

[SANDEEP V. MARNE, J.] _____________________________________________________________________________ PAGE NO.

1 OF TUESDAY, 7 APRIL 2026