1 ARP168/07 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION ARBITRATION PETITION NO.168 OF 2007 IN ARBITRATION REFERENCE NO.760 OF 2001 DJS Stock and Shares Ltd. ...Petitioners v/s Nirjay Securities Pvt.Ltd. and ors. ...Respondents Mr Sham Mehta i/b M/s M. & M. Legal Venture for Petitioners. Mr V.N. Kantawala for Respondents. CORAM : D.K. DESHMUKH J. DATE : 18TH MARCH 2011. 2 ARP168/07 P.C. :- 1] It is common ground that the facts and law involved in this petition are identical to the facts and law involved in arbitration petition No.167 of 2007. Therefore, for the reasons recorded in my order passed today in arbitration petition No.167 of 2007, this petition also succeeds and is allowed. The award made by the Arbitral Tribunal and the Appellate Tribunal rejecting the claim against respondent Nos.3 to 5 is set aside. It is held that the respondent Nos.3 to 5 are jointly and severally liable alongwith respondent Nos.1 and 2 to pay to the petitioners the amount which found due against the respondent No.1 by award made by the Arbitral Tribunal. Petition is disposed off. Parties to act on the copy of this order duly authenticated by the Associate / Private Secretary of this Court. Certified copy expedited. ( JUSTICE D.K. DESHMUKH )