1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY O.O.C.J. ARBITRATION PETITION (LODGING) NO.535 OF 2009 Citicorp Finance (India) Ltd. .... Petitioner vs Khusbu Traders & anr. .... Respondents Mrs. S.I.Joshi i/bS.I. Joshi & Co. for the petitioner. CORAM: ANOOP V. MOHTA, J. DATE : 29th July, 2009 P.C.: 1 The petitioner has invoked Section 9 of the Arbitration & Conciliation Act, 1996 (for short, the Act) as pursuance to the arbitration agreement between the parties, the respondents defaulted in making payments since 2007. However, the respondents are enjoying the said vehicle without due payments. The contract itself is now matured on 18.03.2009. 2 Though served, even by court notice, none appears for the respondents. The averments, therefore, so made in the petition remained un-controverted. 3 Therefore, considering the scope and purpose of Section 9 Petition and as all ingredients are available in favour of the petitioner to pass order as prayed, to secure the amount, I am inclined to grant prayer (a-i) except bracketed portion. This Court has already granted prayer (d). 4 Having once granted prayers (a-i) and (d), I think, there is nothing survives 2 in the petition, the petition is accordingly allowed in terms of prayers (a-i) and (d). 5 However, liberty is granted to the respondents to settle and/or to furnish the security to this amount. Liberty is also granted to the petitioner, if case is made out, for police assistance. 6 No costs. (ANOOP V. MOHTA, J.)