IN THE HIGH COURT OF JUDICATURE AT BOMBAY IN THE HIGH COURT OF JUDICATURE AT BOMBAY IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION ORDINARY ORIGINAL CIVIL JURISDICTION ORDINARY ORIGINAL CIVIL JURISDICTION ARBITRATION PETITION NO.13 OF 2009. ARBITRATION PETITION NO.13 OF 2009. ARBITRATION PETITION NO.13 OF 2009. M/s. Sai Land Developers ..Petitioner versus Sher-E-Punjab Co-op. Hsg. Society Ltd. ..Respondents Mr.S. Nagvadaria for the petitioner Mr.A.S.Desai for the respondent CORAM : R.Y.GANOO, J. CORAM : R.Y.GANOO, J. CORAM : R.Y.GANOO, J. DATED : 9th February, 2009. DATED : 9th February, 2009. DATED : 9th February, 2009. P.C. 1. Learned Counsel for the respondent states that the Managing Committee of the Respondent Society has passed a resolution on 31.1.2009 and have revoked the earlier resolution dated 2.12.2008 by which agreement for development with the petitioner, dated 20.10.2004 was sought to be terminated. He states that the respondent now recognizes the agreement for develoment dated 20.10.2004 as the resolution terminating the said agreement is withdrawn. 2. At this stage, learned Counsel for the petitioner applies for withdrawal of the Arbitration Petition, in view of the statement made -2- by the Counsel for the respondents. 3. The statement made by the Advocate for the respondents is noted. As applied, the petition is allowed to be withdrawn with no Order as to costs. (R.Y.Ganoo, J.) (R.Y.Ganoo, J.) (R.Y.Ganoo, J.)