arbp314-11 vai IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION ARBITRATION PETITION NO.314 OF 2011 Kotak Mahidnra Prime Limited ....Petitioner V/s. Life Line Industries Ltd. & Ors. ....Respondents Ms.Aditi Phatak i/b Mohit Gadkati & Co. for the Petitioner. None for the Respondents. CORAM : S.J. VAZIFDAR, J. DATE : 7TH JUNE, 2011. P.C. :- 1. This is a petition under section 9 of the Arbitration and Conciliation Act, 1996. 2. The award has been made in favour of the petitioner in the sum of about Rs.4,71,000/- together with interest at 18% p.a. The award also permits the petitioner to sell the vehicle for satisfying the award. 3. In the circumstances, the petition is made absolute in terms of prayer (d). The Court Receiver shall appoint the respondents as his agent on the usual terms and conditions including as to security and royalty. 4. The petition is also made absolute in terms of prayer (e). The respondents shall pay the costs of this petition fixed at Rs.10,000/- within two weeks of being served a copy of this order.