1 JPP IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION ARBITRATION PETITION NO. 164 OF 2010 L and T Finance Ltd. ... Petitioners. V/s. Mr. Chandrasekhar and Anr. ... Respondents. Ms. Disha Karambar for the Petitioners. None for the Respondents. CORAM : R.Y. GANOO, J. DATED : 29th JUNE 2010. P.C. :- Affidavit of service is filed. Respondent No.1 is not served. Respondent No.2 is not served. The Petition dismissed so far as Respondent No.2 is concerned. The Court is informed that the Arbitration Proceedings are pending. 2. Hence, at this juncture, an order can be passed restraining Respondent No.1 from creating third party rights and or parting with possession in regard to the tractor described in Exhibit ‘F’ to the Petition. 2 3. Hence, following order is passed to dispose of the Petition :- (i) Pending the hearing and final disposal of the Arbitration proceedings, Respondent No.1 is restrained from creating third party rights and/or parting with possession in regard to the tractor described in Exhibit ‘F’ to the Petition. (ii) The Petition stands dismissed so far as Respondent No.2 is concerned. (iii) There shall be no order as to costs. (R.Y. GANOO, J.)