1 14.arbp.615.08.sxw IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION skt ARBITRATION PETITION NO.615 OF 2008 Kotak Mahindra Bank Ltd. ... Petitioner Vs. Mahesh B. Chandra & Ors. ... Respondents ...... Ms.Disha Karambar for the Petitioner. Mr.Rajeev Tripathi for the Respondents. ...... CORAM : S.J. VAZIFDAR, J. DATE : OCTOBER 11th, 2010. P.C. 1 This is a petition under Section 9 of the Arbitration and Conciliation Act, 1996. 2 The Petitioner has already taken possession of and sold the vehicle which was hypothecated to it by the Respondents/Borrowers. The learned counsel appearing on behalf of the Respondents states that proceedings have been adopted before the Debts Recovery Tribunal against all the Respondents by the Petitioner. 3 In view of what is stated above, no further orders in respect of the vehicles are necessary. The Petitioner is at liberty to apply for interim reliefs against the Respondents before the Debts Recovery Tribunal. 2 14.arbp.615.08.sxw 4 Liberty to the Petitioner to apply by way of a fresh petition, if necessary. The petition is accordingly disposed of. -