Disposed¶23

Shree Shantinath Steels v. the Board of Directors of Abhyudaya Co. Op Bank Ltd.

Bombay HC21 Nov 2025ARBP/200/2025

Case brief

AI extract

What is this about?

Interim order, Bombay High Court, Manish Pitale J.; Commercial Arbitration Petition No.742 of 2025; A Navinchandra Steels Pvt. Ltd. vs Board of Directors of Abhyudaya Co-op. Bank Ltd.; limitation bar under Section 34, Arbitration and Conciliation Act 1996; extended period of 120 days vs 90 days; absence of e-filing date averments; direction to file additional affidavit; matter listed 04.12.2025; limitation issue unresolved.

What did the court decide?

Interim direction to the petitioner to file an additional affidavit with e-filing averments and documents within a week; matter listed for further consideration on 04.12.2025, leaving the limitation objection open. ¶23

Shree Shantinath Steels vs the Board of Directors of Abhyudaya… — Arbitration | Bombay HC (2025)

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903&38_CARBP742_25.doc

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

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COMMERCIAL ARBITRATION PETITION NO.742 OF 2025

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A Navinchandra Steels Pvt. Ltd.

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… Petitioner

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Vs.

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Board of Directors of Abhyudaya Co-op. Bank Limited and others

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… Respondents

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WITH

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INTERIM APPLICATION (L) NO.9083 OF 2024 IN

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ARBITRATION PETITION NO.200 OF 2025

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Mr. Mathews Nedumpara a/w. Ms. Hemali Kurne / Merva and Mr. Mahesh Parab i/b. Nedumpara & Nedumpara Advocate for Petitioner.

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Mr. Madhur Rai a/w. Ms. Sneha Nandgaonkar and Mr. Durgesh Telang i/b. PRS Legal for Respondent Nos.1 and 2.

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CORAM : MANISH PITALE, J. DATE : NOVEMBER 21, 2025

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P.C. :

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. In these petitions, at the outset, learned counsel for respondent Nos.1 and 2 co-operative bank submitted that these petitions cannot be entertained as they have been filed beyond the extended period of 120 days available under Section 34 of the Arbitration and Conciliation Act, 1996.

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A perusal of the contents of the petitions does not show any specific statement as to when the petitions were e-filed so as to demonstrate that they were filed within the period of limitation or at least the extended period of 120 days.

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This is seriously disputed by the learned counsel appearing for the petitioner, who submits that the documents pertaining to e-filing of the petitions would demonstrate that these petitions were in fact filed within

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1/2

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903&38_CARBP742_25.doc

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the period of 90 days.

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Since the specific averments and documents are not on record, the learned counsel for the petitioner shall place appropriate averments and documents on record by way of an additional affidavit within a week from today, with an advance copy being served on the learned counsel for respondent Nos.1 and 2.

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List for further consideration on 04.12.2025.

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(MANISH PITALE, J.)

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MINALSANDIPPARAB Digitally signed byMINAL SANDIPPARABDate: 2025.11.2116:27:52 +0530

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Minal Parab

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Shree Shantinath Steels v. the Board of Directors of Abhyudaya Co. Op Bank Ltd.

Case brief

What is this about?

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Shree Shantinath Steels v. the Board of Directors of Abhyudaya Co. Op Bank Ltd.

Case brief

What is this about?

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