Disposed¶¶14
Mahindra and Mahindra Financial Services Ltd. v. Tool Craft Industries
Bombay HCARBAP/144/2025
Case brief
AI extract
What is this about?
Withdrawal of arbitration application and arbitration petition with liberty to refile on further default; Respondent-Borrower resumed regular EMI payments; Mahindra and Mahindra Financial Services Ltd. v. Tool Craft Industries & Ors.; Bombay High Court, Ordinary Original Civil Jurisdiction; Sandeep V. Marne, J.; 12 January 2026; Arbitration Application No.144 of 2025; Arbitration Petition No.396 of 2025; EMI/loan default dispute disposed of by permitted withdrawal.
What did the court decide?
Leave to withdraw both the Arbitration Application and the Arbitration Petition, with liberty to file fresh Application and Petition in the event of further default by the Respondent-Borrower. ¶¶14