Enhance Ambient Communications Pvt. Ltd. Vs the Mobile Store Ltd. (Formerly Known as Essar Telecom Retail Ltd.) (Cin U51900MH2006PLC160647)

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Nitin

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910-CP-307-2014

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IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION

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COMPANY PETITION NO. 307 OF 2014

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Enhance Ambient Communications Private Limited … Petitioner Versus

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The Mobile Store Limited

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(Formerly known as Essar Telecom Retial Limited) … Respondent

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Mr.S. Jagtani a/w. Mr. N. Sharma i/b. Dharam and Company for the Petitioner.

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Mr.Zal Andhyarujina a/w. Mr.Swapnil A. Ms. Ashwini Sawant i/b. Dinesh Tiwari and Associates for the Respondent.

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CORAM : S.J. KATHAWALLA, J. DATED : 20TH APRIL, 2015

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P.C.

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Heard the learned Advocates appearing for the parties and the following order is passed by consent :

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i. All disputes between the parties are referred to the sole Arbitration of Mr. Ankit Lohia, Advocate.

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ii. The parties and their Advocates shall appear before the learned Arbitrator in his chambers, on 21^st April, 2015 at 5.00 p.m. and obtain necessary directions.

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iii. The learned Arbitrator shall endeavour to pass his Award within a period of twelve weeks from the date of this order.

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iv. The learned Arbitrator shall be at liberty to take assistance of an

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Nitin

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2 / 2 910-CP-307-2014

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Accountant / Chartered Accountant if need arises.

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v. An amount of Rs.45 Lacs deposited by the Respondent with the Prothonotary and Senior Master of this Court shall be invested in a fixed deposit account of nationalized bank initially for a period of 16 weeks by the Prothonotary and Senior Master. The said amount shall be disbursed as per the final outcome of the arbitration proceedings.

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vi. The cost of arbitration shall initially be borne by the parties equally. vii.All contentions of the parties are kept open.

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viii. The venue of Arbitration shall be at Mumbai.

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The above Petition is accordingly disposed of.

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(S.J. KATHAWALLA, J.)

Enhance Ambient Communications Pvt. Ltd. v. the Mobile Store Ltd. (Formerly Known as Essar Telecom Retail Ltd.) (Cin U51900MH2006PLC160647)

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Enhance Ambient Communications Pvt. Ltd. v. the Mobile Store Ltd. (Formerly Known as Essar Telecom Retail Ltd.) (Cin U51900MH2006PLC160647)

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