1 JPP IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION ARBITRATION PETITION NO. 267 OF 2010 Tata Capital Limited. ... Petitioners. V/s. Mr. Paresh Kishorchandra Rangoonwala. ... Respondent. Mr. Nikhil Mehta i/b. KMC Legal Venture for the Petitioners. None for the Respondent. CORAM : R.Y. GANOO, J. DATED : 29th JUNE 2010. P.C. :- In the loan application, the two properties described in Exhibit ‘C’ are reported to be owned by the Respondent. Hence, an order can be passed restraining the Respondent from creating third party rights and/or parting with possession in regard to the property described in Exhibit ‘C’ till the passing of the Award. 2. Hence, following order is passed to dispose of the Petition :- 2 (i) Pending the hearing and final disposal of the Arbitration Proceedings, the Respondent is restrained from creating third party rights and or parting with possession in regard to the properties described in Exhibit ‘C’ to the Petition. (ii) There shall be no order as to costs. (R.Y. GANOO, J.)