Disposed
Hanjer Synthetics Pvt. Ltd. and 3 Ors. v. the Memon Co-Op. Bank Ltd.
Bombay HCARBP/439/2012
Case brief
AI extract
What is this about?
In an arbitration petition filed under the Arbitration and Conciliation Act, 1996, the Bombay High Court set aside the impugned award by consent as the underlying claim was already adjudicated in earlier proceedings. The petition was disposed of allowing withdrawal of the claim.
What did the court decide?
The impugned arbitration award dated 30th November, 2011 was set aside by consent; the claim was allowed to be withdrawn.