- 1 - 34.chs.800.11 arbp.535.09 skt IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION CHAMBER SUMMONS NO. 800 OF 2011 IN ARBITRATION PETITION NO.535 OF 2009 Citicorp Finance (India) Ltd. ..Petitioner -Versus- Zahid Shaikh & Anr. ..Respondents .......... Ms.Shakuntala Joshi i/b S.I. Joshi & Co. for the Petitioner. Mr.Kenny Desai i/b Mr.Ashok M. Saraogi for Respondent Nos.1 & 2. .......... CORAM : S.J. VAZIFDAR, J. DATE : 13TH JUNE 2011. P.C. 1 The vehicle was purchased by Respondent No.1. The sale proceeds have been deposited with the Court Receiver. By consent, the Court Receiver shall handover the sale proceeds after deducting the costs, charges and expenses to the Petitioner. The same is without prejudice to the rights and contentions of the Respondents subject to any further proceedings in respect of the award that has been made in favour of the Petitioner. The Petitioner agrees and undertakes to bring back the amount with interest, if so ordered by any Court or Tribunal. The statement and undertakings are accepted and it is so ordered. - 2 - 34.chs.800.11 arbp.535.09 2 The Chamber Summons is accordingly disposed of with no order as to costs. -