1 arbp730-11g vai IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION ARBITRATION PETITION NO.730 OF 2011 L & T Finance Limited ....Petitioner V/s. Supravat S. Das & Anr. ...Respondents WITH ARBITRATION PETITION NO.731 OF 2011 L & T Finance Limited ....Petitioner V/s. Ashok K. Sahu & Anr. ...Respondents WITH ARBITRATION PETITION NO.732 OF 2011 L & T Finance Limited ....Petitioner V/s. Narayan Sahoo & Ors. ...Respondents WITH ARBITRATION PETITION NO.734 OF 2011 L & T Finance Limited ....Petitioner V/s. Susanta Maity & Anr. ...Respondents WITH ARBITRATION PETITION NO.735 OF 2011 L & T Finance Limited ....Petitioner V/s. Rafiqahmed H. Shaikh & Anr. ...Respondents WITH ARBITRATION PETITION NO.736 OF 2011 L & T Finance Limited ....Petitioner V/s. Sumanta Kumar Jena & Ors. ...Respondents 2 arbp730-11g WITH ARBITRATION PETITION NO.752 OF 2011 L & T Finance Limited ....Petitioner V/s. Syed Mohd. Meheras Ali & Anr. ...Respondents WITH ARBITRATION PETITION NO.753 OF 2011 L & T Finance Limited ....Petitioner V/s. Seikh R. Khalil & Anr. ...Respondents WITH ARBITRATION PETITION NO.754 OF 2011 L & T Finance Limited ....Petitioner V/s. Madan Mohan Swain & Anr. ...Respondents WITH ARBITRATION PETITION NO.771 OF 2011 L & T Finance Limited ....Petitioner V/s. Sayed Mustaque Ali & Ors. ...Respondents WITH ARBITRATION PETITION NO.772 OF 2011 L & T Finance Limited ....Petitioner V/s. Suchita Mohapatra & Ors. ...Respondents WITH ARBITRATION PETITION NO.774 OF 2011 L & T Finance Limited ....Petitioner V/s. Harshal S. Bihani & Anr. ...Respondents WITH ARBITRATION PETITION NO.775 OF 2011 L & T Finance Limited ....Petitioner 3 arbp730-11g V/s. Chittarajan Mohapatra & Anr. ...Respondents WITH ARBITRATION PETITION NO.776 OF 2011 L & T Finance Limited ....Petitioner V/s. Supriya Chakraborty & Anr. ...Respondents WITH ARBITRATION PETITION NO.777 OF 2011 L & T Finance Limited ....Petitioner V/s. Satish H. Bihani & Anr. ...Respondents WITH ARBITRATION PETITION NO.778 OF 2011 L & T Finance Limited ....Petitioner V/s. Ramesh Singh & Anr. ...Respondents WITH ARBITRATION PETITION NO.779 OF 2011 L & T Finance Limited ....Petitioner V/s. Munnalal B. Chanpuriya & Anr. ...Respondents WITH ARBITRATION PETITION NO.780 OF 2011 L & T Finance Limited ....Petitioner V/s. Shashi Ramteke & Anr. ...Respondents WITH ARBITRATION PETITION NO.781 OF 2011 L & T Finance Limited ....Petitioner V/s. Prasanta K. Gahan & Ors. ...Respondents 4 arbp730-11g WITH ARBITRATION PETITION NO.782 OF 2011 L & T Finance Limited ....Petitioner V/s. Sujata Patnaik & Anr. ...Respondents WITH ARBITRATION PETITION NO.836 OF 2011 L & T Finance Limited ....Petitioner V/s. Ashok N. Sharma & Anr. ...Respondents WITH ARBITRATION PETITION (LODGING) NO.880 OF 2011 L & T Finance Limited ....Petitioner V/s. Jahanara Begum & Anr. ...Respondents WITH ARBITRATION PETITION (LODGING) NO.963 OF 2011 L & T Finance Limited ....Petitioner V/s. Balasaheb K. Dhawale & Ors. ...Respondents Ms.Disha Karambar for the Petitioner. None for the Respondents. CORAM : S.J. VAZIFDAR, J. DATE : 11TH OCTOBER, 2011. P.C. :- 1. These are petitions under section 9 of the Arbitration & Conciliation Act, 1996. 2. Prima facie, amounts are due and payable under the loan- cum- hypothecation agreements entered into between the petitioners 5 arbp730-11g and respondent No.1. The dues are secured by the hypothecation of the vehicles in each case. The repayment is also guaranteed by the other respondents in each case. 3. The respondents are absent, though served. They were absent when the ad-interim orders were passed. There is no affidavit in reply. 4. In the circumstances, it is necessary to safeguard the petitioners’ claim. The above petitions are, therefore, made absolute in terms of prayer (a), except the words bracketed in red. The Court Receiver shall, however, appoint the respondents as his agents on the usual terms and conditions, including as to security and royalty. In the event of the respondents failing to accept the agency, the Court Receiver shall appoint any third party as the agents on the same terms and conditions without further order. Till the Receiver takes possession, the respondents are restrained from disposing of, alienating, encumbering or creating any third party rights in respect of the said vehicles. The undertaking to file affidavit of service, if not already filed, is accepted. The petitions are, accordingly, disposed of. All parties, including the Court Receiver, are directed to act on an ordinary copy of this order, duly authenticated by the Associate of this Court.