Two arbitration petitions filed under Section 34 of the Arbitration and Conciliation Act, 1996 were disposed of on the finding that the parties had settled the disputes and the respondents had accepted the agreed amount as full and final settlement.
Petitions disposed of as settled out of the Court.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
Ndm
1
arbp.223.09.sxw
IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION
ARBITRATION PETITION NO. 223 OF 2009
| Nitin H. Shewale. | ... PETITIONER |
|---|---|
| Vs. | |
| M/s. Networth Stock Broking Ltd., and anr. | ... RESPONDENTS |
Mr. Jagdish G. Aradwad (Reddy) for Petitioner. Mr. Dilip Rai with Mr. Dipen Merchant i/b Aruna Singh for Respondents..
AND
ARBITRATION PETITION (LODINGING) NO. 248 OF 2009
Ms. Bhikubai H. Shewale. ... PETITIONER Vs. M/s. Networth Stock Broking Ltd., and anr. ... RESPONDENTS
Mr. Jagdish G. Aradwad (Reddy) for Petitioner. Mr. Dilip Rai with Mr. Dipen Merchant i/b Aruna Singh for Respondents.
CORAM : ANOOP V. MOHTA, J. DATE : 21st August, 2009.
P.C.
1 Both the Petitions are filed under Section 34 of the Arbitration and Conciliation Act, 1996. The Parties have settled the matters. The Respondents have accepted the amount towards full and final settlement. Therefore, both these petitions are disposed of as settled out of the Court.
[ ANOOP V. MOHTA, J ]
2 issues framed by the court
Whether arbitration petitions under Section 34 of the Arbitration and Conciliation Act, 1996 should be disposed of when parties have settled the matter.
Whether acceptance of the amount by respondents amounts to a full and final settlement justifying disposal of the petitions.
1 provisions across 1 enactments
Nitin H. Shewale
Ms. Bhikubai H. Shewale
M/s. Networth Stock Broking Ltd., and anr.
Anoop V. Mota
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
