IN THE HIGH COURT OF JUDICATURE OF BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION ARBITRATION PETITION NO. 497 of 2006 Kotak Securities Limited .. Petitioner versus Chetan D. Modi .. Respondent ... Mr.Rajeev Kumar with Mr.V.B. Trivedi, Mr.Sunil Tilokchandani and Ms.Pooja Sood i/b Manilal Kher Ambalal & Co. for the respondent. Mr.Zal Andhyarujina i/b Maneksha & Sethna for the respondent. CORAM : D.G. KARNIK,J. DATED : 1st March 2007 P.C.: 1. Heard counsel for the parties. 2. Learned counsel for the respondent tenders affidavit of the respondent dated 28th February 2007. Undertaking contained in the affidavit are recorded and accepted. In view of these undertakings, petitioner does not press any relief in the Arbitration Petition. Arbitration Petition is disposed of. D.G. KARNIK, J