1 12.arbp-167-11 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION jmi ARBITRATION PETITION NO. 167 OF 2011. Abid & Company Steels Pvt. Ltd. & Ors. ..Petitioners. vs. The Bombay Mercantile Co.op.Bank Ltd. ..Respondents. .... Mr. Chirag Balsara, i/v. Apex Law Partners, for Petitioners. Mr. Rohan Cama, i/b. T.N. Tripathi, for Respondents. .... CORAM : S.J. KATHAWALLA, J. DATE : 12TH SEPTEMBER 2011. P.C. : Heard learned Advocates for the parties. The following order is passed :- (i) The Award dated 16th October 2010 is set aside without going into the merits and the matter is remanded to be heard afresh by the learned Arbitrator. (ii) Parties shall appear before the learned Arbitrator on 17th September 2011 at 11.00 a.m. and obtain necessary directions in the matter. (iii) Notice of the hearings before the learned Arbitrator shall be given atleast four days in advance to the parties. (iv) Parties undertake not to seek any adjournment on any of the dates fixed for hearing before the learned Arbitrator. (v) The learned Arbitrator shall endeavour to pass his Award within the period of eight weeks from the date of this order. (vi) All the rights and contentions of the parties are kept open. 2. The Arbitration Petition is accordingly disposed of. [ S.J. KATHAWALLA, J. ]