High Court set aside appeal in arbitration proceedings after recorded out-of-court settlement. Court took consent terms signed by parties and their advocates on record, accepted undertakings, and disposed of arbitration petition accordingly.
Arbitration petition disposed of in terms of the filed consent terms.
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9app496-15.odt
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IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION
APPEAL NO. 496 OF 2015 IN
ARBITRATION NO. 819 OF 2012
Airex Logistics Express Services Pvt. Ltd., … Appellant.
V/s.
Asit C. Mehta Investment Intermediates Ltd., … Respondents.
Mr. Rakesh Kumar Singh, Advocate for the Appellant. Mr. Jignesh Shah, Advocate for Respondents.
CORAM : V. M. KANADE AND MRS. SWAPNA JOSHI,JJ.
DATE : 14th SEPTEMBER, 2016 P.C. :
Parties have arrived at a settlement out of court. They have filed the Consent Terms. The Consent Terms are signed by the Appellant, the Respondents and their respective Advocates.
The Consent Terms are taken on record and marked “X” for identification. The undertakings given by the parties in the Consent Terms are accepted.
Arbitration Petition is accordingly disposed of in terms of the Consent Terms.
(MRS.SWAPNA JOSHI,J.) (V. M. KANADE,J.)
1/1
Borey
Airex Logistics Express Services Pvt. Ltd.
Asit C. Mehta Investment Intermediates Ltd.
V. M. Kanade
Swapna Joshi
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
