Disposed¶26

Chetna Globel v. Bhalla Co. Co. Op Hsg Sty Ltd.

Bombay HC30 Jan 2025IA/291/2025

Case brief

AI extract

What is this about?

IA 291/2025 in Comm. Arbitration Petition 576/2024, Bombay HC OOCJ, Somasekhar Sundaresan J., decided 30 Jan 2025; Bhalla Co-op Housing Society Ltd & Ors v Chetna Global & Ors; consent terms modification; original Consent Terms 9 May 2024; modified Consent Terms 30 Jan 2025 taken on record; sole change: construction-completion deadline of Developer Respondent No.1; undertakings treated as undertakings to Court; IA finally disposed; no statute or precedent citations; no quantum.

What did the court decide?

Modified Consent Terms dated January 30, 2025 taken on record; undertakings therein treated as undertakings given to the Court; Interim Application No. 291 of 2025 finally disposed of. ¶26

Chetna Globel vs Bhalla Co. Co. Op Hsg Sty Ltd. — Bombay HC (2025) — LawSathi Research

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49-IA-291-2025 copy.docx

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PURTI PRASAD PARAB Digitally signed byPURTI PRASAD PARAB Date: 2025.02.04 14:51:52 +0530

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IN THE HIGH COURT OF JUDICATURE AT BOMBAY

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ORDINARY ORIGINAL CIVIL JURISDICTION

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INTERIM APPLICATION NO. 291 OF 2025 IN

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COMM . ARBITRATION PETITION NO. 576 OF 2024

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Chetna Global and Ors. …Applicants

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In the matter between: Bhalla Co.op Housing Society Ltd. & Ors. …Petitioners

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Versus

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Chetna Global and Ors. …Respondents

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Ms. Karan Mahendra Vaity for the Petitioner.

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Mr. Pritesh Burad a/w Ms. Samita Vaviya and Mr. Shreyas Moharir i/b Pritesh Burad Associates for Respondent.

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Mrs. Jayashri Vivek Bhagwat Signatory of Respondent (Original Petitioner No.1).

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Mr. Laxman Dnyanu Kadam Constituted Attorney of Respondent (Original Petitioner No.2 to 24).

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Mr. Mangalprasad Kamtaprasad Agrahari , Applicant (Original Authorised Signatory of Respondent No.1 and Respondent No.3). Ms. Nehal Mukesh Savla , Applicant (Original Respondent No.2). Mr. Umesh Ramkishore Gupta , Applicant (Original Respondent No.4).

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Mr. Bipin Purshottam Chotaliya , Applicant (Original Respondent No.5).

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CORAM : SOMASEKHAR SUNDARESAN, J. DATE : JANUARY 30, 2025

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PC :

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Learned Counsel for the parties submit that they have reached agreement in connection with modification of the original Consent Terms executed among them on May 9, 2024.

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This matter was listed today at the request of the parties to take on record the modified Consent Terms. Learned Counsel for the parties have tendered the modified Consent Terms dated January 30, 2025.

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Page 1 of 2 January 30 2025

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49-IA-291-2025 copy.docx

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Learned Counsel for the parties submit that the only modification is the change in deadline by which the construction of the building would be completed by a Developer being Respondent No.1.

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Learned Counsel for the parties also submit that nothing in this Consent Terms will be in conflict with any provisions of law and request that the modified Consent Terms be taken on record.

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In these circumstances, the modified Consent Terms executed among the parties and tendered to the Court are taken on record. The undertakings contained in the Consent Terms shall be treated as undertakings given to this Court.

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6. Interim Application is finally disposed of .

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All actions required to be taken pursuant to this order shall be taken upon receipt of a downloaded copy as available on this Court’s website.

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[SOMASEKHAR SUNDARESAN, J.]

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Page 2 of 2 January 30 2025

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Purti Parab

Chetna Globel v. Bhalla Co. Co. Op Hsg Sty Ltd.

Case brief

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Chetna Globel v. Bhalla Co. Co. Op Hsg Sty Ltd.

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