1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL JURISDICTION ARBITRATION PETITION NO. 244 OF 2007 IN ARBITRATION REFERENCE NO. 22 OF 2001 M/s. K.M. Developers & Ors. .... Petitioners. V/s. Mr. Anant Girdharlal shah & Ors. .... Respondents. ....... Mr. D.H. Mehta i/b. Law Point for the Petitioners. Mr. Ranjit Shetty i/b. PDS Legal for the Respondents. ........ CORAM : DR. D.Y. CHANDRACHUD, J. 09TH JANUARY 2008. P.C. :- Counsel appearing on behalf of the Petitioners and the Respondents state that all parties are present before the Court and the Consent Terms have been duly explained and interpreted by the learned Advocates. The Consent Terms signed by the parties and by the respective Advocates are tendered and taken on record and marked as `X'. 2 The undertakings of the respective parties are accepted. Since the dispute has been settled, there shall be an order on the Arbitration Petition in terms of the Consent Terms. There shall be no order as to costs. Parties have agreed that they shall duly defray the fees if any, that remain to be paid to the learned Arbitrator. ------