In a commercial arbitration petition and execution application, the single-judge Bench of G.S. Kulkarni, J., disposed of the matters based on consent terms signed by both parties, holding that no further adjudication was required.
The petition and execution application were disposed of; interim applications were disposed of; no costs awarded.
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Digitally signed by PRAJAKTA PRAJAKTA SAGAR SAGAR VARTAK VARTAK Date:2022.06.27 10:37:21 +0530
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19-carbp 260-21 grp
Prajakta Vartak
IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION IN ITS COMMERCIAL DIVISION
COMMERCIAL ARBITRATION PETITION NO. 260 OF 2021
WITH
INTERIM APPLICATION (L.) NO. 2536 OF 2021
BLA Industries Pvt. Ltd...Petitioner
Vs.
Ambey Mining Pvt. Ltd...Respondent
AND
EXECUTION APPLICATION (L.) NO. 8190 OF 2021
WITH
INTERIM APPLICATION (L.) NO. 8194 OF 2021
Ambey Mining Pvt. Ltd...Applicant
Vs.
BLA Industries Pvt. Ltd...Respondent
Mr. Swapnil Gupte with Ms. Nupoor Gupte i/b. Economic Laws Practice
for Petitioner.
Ms. Tanvi Gaitonde with Ms. Jennifer Sanjana i/b. Zerick Dastur for
Respondent.
Mr. Rajiv Sanghai, authorized signatory/representative of Ambey Mining
Pvt. Ltd.
CORAM :G.S. KULKARNI, J.
DATE :JUNE 23, 2022.
P.C.:
1.Learned counsel for the parties have tendered Consent Terms
dated 12 April, 2022 as entered between the parties which are signed by
the authorized signatories of the petitioner as also on behalf of the
respondent. Learned advocates for the parties have also signed the
consent terms. It is stated that the entire payment scheduled as per the
consent terms already stands worked out. The consent terms are
accordingly taken on record and marked“X” for identification.
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19-carbp 260-21 grp
2. The petition as well as the execution application are disposed of in view of the consent terms as entered between the parties. No costs.
3. In view of disposal of the petition and the execution application, interim applications would not survive. They are accordingly disposed of.
[G.S. KULKARNI, J.]
BLA Industries Pvt. Ltd.
Ambey Mining Pvt. Ltd.
G.S. KULKARNI
As recorded by the court registry
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