1 mgj IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION Arbitration Petition No.246 of 2008 Maya Entertainment Ltd. ..Petitioners vs. Rajesh Turakhia and another ..Respondents Mr.Sandeep Parikhy with Mr.Kamlesh Patel i/b Devan Dwarkadas and partners for petitioners Mr.Biren Saraf i/b M/s Ranjit and Co. for respondent no.1 Mr.Vineet Naik i/b Naik and Naik for respondent no.2. CORAM: S.J.KATHAWALLA J. 22nd June, 2009 P.C. 1 The petition under section 9 of the Arbitration and Conciliation Act, 1996 is disposed of by the following order which is passed by consent of the parties. i) All disputes and differences between the petitioners and respondent no.1 arising out of the 2 agreement dated 29th January, 2005 Exh.A to the petition are referred to the sole Arbitrator Mr.Ketan Parekh, Advocate. ii)All contentions of the parties with regard to the claim of the petitioner and counter claim of respondent no.1 are kept open. The petition against respondent no.2 is dismissed as withdrawn. iii)Arbitration Petition No.194 of 2008 filed by the petitioners under section 11 of the Arbitration and Conciliation Act, 1996 and pending before this Court is rendered infructuous and hence disposed of. iv) No orders as to costs. (S.J.KATHAWALLA J.)