Jsw Steel Limited v. Aswad Jaidas Patil And ANR.

P1-ARPST-7535-2026+.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

CIVIL APPELLATE JURISDICTION ARBITRATION PETITION (ST) NO. 7535 OF 2026 Aswad Jaidas Patil & Anr

...Petitioners

Versus

JSW Steel Limited Through Its Signatory And Power Of Attorney Mr Narayan Budappa Bolbunda

...Respondent

WITH ARBITRATION APPEAL NO. 6 OF 2026 WITH INTERIM APPLICATION NO. 1466 OF 2026 IN ARBITRATION APPEAL NO. 6 OF 2026 Mr. Nikhil Sakhardande, a/w Saket Mone, Mitali Dhoble for the Respondent in ARPST/7535/26 & for Appellant in ARA/6/26.

CORAM

: SOMASEKHAR SUNDARESAN, J.

DATE : April 1, 2026 ORDER :

1.

Not on board. Mentioned by way of praecipe and taken on board.

2.

There is consensus between the parties that the bank guarantee has indeed been issued on March 31, 2026 i.e. after the order ASHWINI JANARDAN VALLAKATI dated March 30, 2026 was passed.

ASHWINI JANARDAN VALLAKATI Date: 2026.04.04 11:43:42 +0530 April 1, 2026 Ashwini Vallakati

P1-ARPST-7535-2026+.doc 3.

Learned Senior Advocate for the Respondent submits that given the conduct of the Bank, the guarantee ought to now be from a nationalized bank. Such a prayer may be made before the Learned Sole Arbitrator, since the arbitrator has already been appointed in the matter.

4.

The praecipe is disposed of accordingly. Nothing survives in these proceedings and they stand finally disposed of. 5.

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.] April 1, 2026 Ashwini Vallakati