1 arbpl1735.09.sxw ssm IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION ARBITRATION PETITION (L) NO. 1735 OF 2009 Kotak Mahindra Bank Ltd. ....Petitioner. Vs. Paresh Kantilal Rajgor & Ors. ....Respondents. None present. CORAM : ANOOP V. MOHTA, J. DATE : 11th FEBRUARY, 2011 P.C.: The Petition is filed under Section 9 of the Arbitration and Conciliation Act, 1996. Considering the averments made and as the case is made out, this Court on 14th January, 2011 directed the Respondent not to create any third party rights or interest on the vehicles at Serial Nos. 1, 5 and 22 described at Exhibit "B". The Petition is pending since 2009. I am inclined to dispose of this Petition by maintaining the order dated 14th January, 2011, pending the matter before the Arbitral Tribunal, if any. 2 The liberty is granted to the parties to apply for settlement. 3 The Petition is accordingly disposed of with liberty. No costs. (ANOOP V. MOHTA, J.)