1 chs1736-11 vai IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION CHAMBER SUMMONS NO.1736 OF 2011 IN ARBITRATION PETITION NO.1419 OF 2010 L & T Finance Limited ....Petitioner V/s. Ashish D. Gedam & Anr. ...Respondents Ms.Shakuntala Joshi i/b S.I. Joshi & Co. for the Petitioner. None for the Respondents. CORAM : S.J. VAZIFDAR, J. DATE : 19TH OCTOBER, 2011. P.C. :- 1. The respondents have by a letter dated 6.7.2011 (Exhibit “B” to the affidavit in support) addressed to the petitioner stated that they were not in possession to settle the account and requested the petitioner to sell the vehicle on as is where is basis. They however, undertook to pay the shortfall, if any. They forwarded the documents in respect of the vehicle to the petitioner. 2. Thus, although the vehicle was surrendered by the respondents after the order dated 25.10.2010 appointing the Court Receiver, it would be appropriated to discharge the Court Receiver while allowing the petitioner to retain the vehicle and deal with the 2 chs1736-11 same in accordance with the letter dated 6.7.2011. 3. The chamber summons is therefore, made absolute in terms of prayers (a) and (b).