Disposed
Nina Waterproofing Systems Pvt. Ltd. v. Kotak Mahindra Bank Ltd. and 2 Ors.
Bombay HCARBP/748/2017
Case brief
AI extract
What is this about?
The court disposed of an arbitration petition where the petitioner undertook to invoke the arbitration clause within four weeks. The stay order remained subject to this deadline; failure to act would vacate the stay.
What did the court decide?
Stay order continued conditionally for four weeks contingent upon invocation of arbitration clause; failure leads to automatic vacation of stay.