Dismissed

Vikunj Enterprises Pvt. Ltd. v. Diwali Developers

Bombay HC23 Jun 2022CARBP/321/2022

Case brief

AI extract

What is this about?

This is a commercial arbitration petition where petitioners sought to withdraw the petition with liberty to raise contentions in subsequent arbitral proceedings. The court allowed the withdrawal, keeping contentions open, particularly in light of a recent RERA order.

What did the court decide?

Petition allowed to be withdrawn with liberty to agitate all contentions in pending arbitral proceedings.

Vikunj Enterprises Pvt. Ltd. Vs Diwali Developers — Arbitration | Bombay HC (2022)

¶1

Digitally signed by PRASHANT PRASHANT VILAS RANE VILAS Date: RANE 2022.08.2010:50:28 +0530

17carbp321-22.odt

pvr

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

¶6

ORDINARY ORIGINAL CIVIL JURISDICTION IN ITS COMMERCIAL JURISDICTION

¶7

 COMMERCIAL ARBITRATION PETITION NO. 321 OF 2022

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Vikunj Enterprises Pvt.Ltd....Petitioners
vs.
M/s.Diwali Developers....Respondents

¶9

Mr.Vikhil Dhoka with Siddharth Sharma i/b. G.M.Legal, for the
Petitioners.

¶10

Mr.Anoshak Daver with Mr.Rahul Sarda with Mr.Kausar Banatwala with
Ms.Gauri Sakhardande i/b. Neuty Thakkar, for the Respondents.

¶11

-----

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CORAM :G.S. KULKARNI, J.
DATE :AUGUST 18, 2022.

¶13

P.C.:

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1.After this petition was heard for some time, learned Counsel for
the petitioners seeks leave to withdraw this petition with liberty to
agitate all contentions or any other contentions, in the pending arbitral
proceedings. Accordingly, allowed to be withdrawn with liberty as
prayed for.

¶15

2.Needless to observe that it would be open to the petitioners to
raise contentions in view of the recent orders passed by the Maharashtra
Real Estate Regulatory Authority order dated 5 August 2022 in Suo
Moto Case no.220 of 2022. All contentions of the respondents in that
regard are also expressly kept open, as it is the contention of the
respondents that the orders passed by the RERA is of no more concern
with the subject matter of the pending arbitral proceedings.

¶16

3. Disposed of. No costs.

Vikunj Enterprises Pvt. Ltd. v. Diwali Developers

Case brief

What is this about?

What did the court decide?

Vikunj Enterprises Pvt. Ltd. v. Diwali Developers

Case brief

What is this about?

What did the court decide?

What the court decided

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