Sanjeev Malhotra v. Sbi Global Factors Ltd
510-CARBP-778-2024.doc
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION IN ITS COMMERCIAL DIVISION COMMERCIAL ARBITRATION PETITION NO. 778 OF 2024 Sanjeev Malhotra
...Petitioner
Versus
SBI Global Factors Ltd
...Respondent
Mr. Haresh Jagtiani, Senior Counsel, a/w V.N. Shingnapurkar, Harshad Shingnapurkar, Pushpvijay Kanoji, Pranay Kamdar, Ritwik Kulkarni, for the Petitioner.
Appearance not received for Respondent.
CORAM
: SOMASEKHAR SUNDARESAN, J.
DATE : JULY 21, 2025 ORDER :
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 15 of the Act, Learned Counsel have graciously agreed that the Petitioner shall take not more than 15 minutes and the Respondent shall take no longer than 15 minutes for Digitally signed by ASHWINI JANARDAN VALLAKATI Date:
2025.07.28 17:16:53 +0530 verbal arguments in the matter.
ASHWINI JANARDAN VALLAKATI July 21, 2025
510-CARBP-778-2024.doc 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 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 August 14, 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.] July 21, 2025 Ashwini Vallakati