1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION jmi ARBITRATION PETITION NO.525 OF 2008 WITH ARBITRATION PETITION NO.526 OF 2008 Kotak Mahindra Bank Ltd. ..Petitioner. vs. Mr. Naresh Vishnu Pawar & Ors. ..Respondents. .... Mr. H.K. Menghani, for Petitioner, in both Petitions. Mr. Naresh Vishnu Pawar, Respondent No.1 in both Petitions. .... CORAM : S.J.KATHAWALLA, J. DATE : 26TH JUNE 2009. P.C. The learned Advocate for the petitioner tenders a copy of the M.O.U. dated 3 rd April 2009 executed between the petitioner and respondent no.1. He submits that respondent no.1 has agreed to pay the balance outstandings to the petitioner as set out in the M.O.U. 2. The learned Advocate for the petitioner submits that M.O.U. be taken on record. In view thereof, the M.O.U. is taken on record and marked ‘X’ for identification. 2 3. In view of the M.O.U. marked ‘X’, arbitration petition nos.525 of 2008 and 526 of 2008 are dismissed as withdrawn with no orders as to costs. Refund of Court fees as per rules. [ S.J.KATHAWALLA, J. ]