This court recorded consent terms filed by parties in an arbitration petition and disposed of the matter by signing them.
Arbitration petition disposed of in terms of consent terms.
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907-ARBPL-1049-2014
1
IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION
ARBITRATION PETITION (L) NO. 1049 OF 2014
Tata Capital Financial Services Limited … Petitioner Versus
VHCL Industries Limited and others … Respondents
Ms. Nelly Mehta i/b. MDP & Partners for the Petitioner.
Mr. P.B. Ranjan i/b. Hali & Company for Respondent Nos. 1 to 5.
Mr. Ashish Avasthy, Associate VP-Legal and Collection of the Petitioner, present.
Mr. Pankaj Valia (Respondent No.2), Director and Authorized Signatory for Respondent No. 1 and 5, present.
Mr. Bharat Valia, Respondent No. 3 present.
Mr. Bhushan Valia, Respondent No. 4 present.
CORAM: S.J. KATHAWALLA, J. DATE: 21ST AUGUST, 2014
P.C.:
The Learned Advocates appearing for the Parties have tendered the Consent Terms dated 21st August, 2014. They submit that the Consent Terms be taken on record and the above Arbitration Petition be disposed of in terms of Consent Terms. The Consent Terms are taken on record and marked 'X' for identification. The Consent Terms are signed by Mr. Ashish Avasthy on behalf of the Petitioner, Director of Respondent No. 1, Respondent Nos. 2 to 4 and Director of Respondent No. 5. The Consent Terms are also signed by the Advocates for the
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Parties. The undertakings recorded in the Consent Terms are accepted. In view thereof, the above Arbitration Petition is disposed of in terms of Consent Terms marked 'X'.
( S.J.KATHAWALLA, J. )
Tata Capital Financial Services Limited
VHCL Industries Limited
S.J. KATHAWALLA
As recorded by the court registry
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