1 arbp354-11 vai IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION ARBITRATION PETITION NO.354 OF 2011 M/s.Kotak Mahindra Prime Ltd. ....Petitioner V/s. Triloksingh K. Chouhan & Anr. ...Respondents Mr.Vishal Kanade with Mr.Nikhil Rajani i/b V. Deshpande & Co. for the Petitioner. Mr.A.G. Damle for Respondent No.1. CORAM : S.J. VAZIFDAR, J. DATE : 8TH AUGUST, 2011. P.C. :- 1. This is a petition under section 9 of the Arbitration and Conciliation Act, 1996. 2. As award has been passed in favour of the petitioner and against the respondents. Respondent No.2 is the guarantor. 3. Mr.Damle, the learned counsel appearing on behalf of respondent No.1 reiterated his statement recorded in the order dated 18.4.2011 that the vehicle had been sold even during the pendency of the arbitration. He further makes a statement that the property described in prayer (c) does not belong to respondent No.1 but to his wife. He therefore, makes a statement that respondent No.1 will not in 2 arbp354-11 any manner whatsoever deal with the property at Exhibit “C” or with the said vehicle. The statements are accepted. 4. Respondent No.2, the guarantor has remained absent, though served. 5. In the circumstances, respondent Nos.1 and 2 are ordered and directed to disclose their assets on affidavit within two weeks of being served with a copy of this order. They shall not dispose of, alienate, encumber, part with possession of or create any third party rights in respect of their immovable properties for a period of eight weeks after they file their affidavit in this Court and a copy thereof is served on the petitioner’s advocate. Any extension of this order shall be sought in the execution proceedings. 6. The undertaking to file a further affidavit of service within two weeks from today is accepted. 7. The arbitration petition is accordingly disposed of.