Allowed
L and T Finance Ltd. v. Ashok Mohite and Anr.
Bombay HCARBP/978/2009
Case brief
AI extract
What is this about?
This court allowed an arbitration petition filed by L & T Finance Limited against Ashok Mohite and another. The court found a case under Section 9 of the Arbitration Act based on non-payment of a substantial amount and the absence of dispute regarding the agreement. Relief was granted limited to Respondent No.1.
What did the court decide?
Petition allowed in terms of prayer clause (a) restricted to property of Respondent No.1; parties at liberty to settle before Arbitrator.