Allowed
Reliance Capial Ltd. v. Autograph Cars India Pvt. Lytd. and 4 Ors.
Bombay HCARBP/621/2011
Case brief
from the order text
What is this about?
vai IN THE HIGH COURT OF JUDICATURE AT BOMBAY
What the court decided
AI extract
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.
arbpl432-11
1
vai
IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION
ARBITRATION PETITION (LODGING) NO.432 OF 2011
Reliance Capital Limited ....Petitioner V/s. Autograph Cars India Pvt. Ltd. & Ors. ....Respondents
Mr.Rahul Mehta i/b KMC Legal Venture for the Petitioner.
None for the Respondents.
CORAM : S.J. VAZIFDAR, J. DATE : 20TH JUNE, 2011.
P.C. :-
arbpl432-11
2
i). The petition is made absolute in terms of prayer (a) except the words bracketed in red. The Court Receiver shall, in the first instance, appoint any of the respondents as his agent on the usual terms and conditions including as to security and royalty.
ii). However, in the event of their refusing to accept the agency of the Court Receiver, the Court Receiver shall appoint any third party as his agent in the usual manner.
iii). In that event liberty to the respondents to bid for the agency of the Court Receiver.
iv). Till the Court Receiver takes possession, order in terms of prayer (c) except the words “dealing with” bracketed in red. v) Costs shall be the costs in the petition.
The arbitration petition is accordingly disposed of.
1 issue framed by the court
Whether to grant the prayer under Section 9 of the Arbitration and Conciliation Act, 1996.
Reliance Capital Limited
Autograph Cars India Pvt. Ltd.
S.J. Vazifdar
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court