Tata Motors Finance Limited v. Lala Pasi

1/2 21-CARBP-676-2024 (OS).DOC

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION COMMERCIAL ARBITRATION PETITION NO. 676 OF 2024 Tata Motors Finance Limited

...Petitioner

Versus

Lala Pasi

...Respondent

WITH COMMERCIAL ARBITRATION PETITION NO. 301 OF 2024 WITH COMMERCIAL ARBITRATION PETITION NO. 341 OF 2024 WITH COMMERCIAL ARBITRATION PETITION NO. 386 OF 2024 WITH COMMERCIAL ARBITRATION PETITION NO. 761 OF 2024 _______ Ms. Akshita Jain a/w Akshit Vats and Mr. Siddhant Dalvi i/b IV Merchant & Co., for the Petitioner.

Mr. Javid R. Shaikh (A.S.O), Court Receiver, present. _______ CORAM : ARIF S. DOCTOR, J.

th MARCH, 2026 DATE : 24 P.C.

COMMERCIAL ARBITRATION PETITION NO. 676 OF 2024 1.

Ms. Jain, learned counsel for the Petitioner seeks leave to withdraw the captioned Commercial Arbitration Petition.

2.

The Commercial Arbitration Petition is dismissed as withdrawn. COMMERCIAL ARBITRATION PETITION NO. 301 OF 2024 WITH COMMERCIAL ARBITRATION PETITION NO. 386 OF 2024 Vaibhav

2/2 21-CARBP-676-2024 (OS).DOC 3.

Ms. Jain, learned counsel for the Petitioner points out that in the captioned Commercial Arbitration Petitions, the interim relief has already been granted under Section 9. A Petition under Section 11 for the appointment of an arbitrator is pending. She submits that, therefore, the Petitioner be granted leave to convert the present Petitions under Section 9 into an application under Section 17 of the Arbitration and Conciliation Act, 1996. This can only be done once an arbitrator is appointed.

th April 2026.

4.

Stand over to 7 COMMERCIAL ARBITRATION PETITION NO. 341 OF 2024 5.

Ms. Jain, learned counsel for the Petitioner points out that the Section 11 Petition is pending.

th April 2026.

6.

Stand over to 7 COMMERCIAL ARBITRATION PETITION NO. 761 OF 2024 7.

Ms. Jain, learned counsel for the Petitioner submits that the settlements talks are ongoing.

st April 2026.

8.

Stand over to 21 [ARIF S. DOCTOR, J.] Vaibhav