1 ARBP1254/10 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION ARBITRATION PETITION NO.1254 OF 2010 M/s Shaunik Infotech Pvt.Ltd. ...Petitioners v/s India Infoline Ltd. ...Respondents Mr A. Daver i/b M/s Chambers of Corporate Attorneys for Petitioners. Mr Zal Andhyarujina with Mr N.B. Merchant i/b Mr Chetan Agarwal for Respondents. CORAM : D.K.DESHMUKH J. DATE : 16TH JUNE 2011. 2 ARBP1254/10 P.C. :- 1] Admit. By consent of parties, heard finally. 2] By consent of parties, the award made by the learned Arbitrators awarding the claim of the respondents in their favour is set aside. The Arbitration Department of the National Stock Exchange is directed to constitute Arbitral Tribunal for decision of the claim. So far as that part of the award impugned in the petition by which the counter claim has been rejected is concerned, the learned counsel appearing for petitioners submits that he does not press his petition challenging the rejection of his counter claim on the ground that it is barred by limitation because he intends to file a fresh claim on the basis of the Circular issued by the SEBI. Statement is accepted. Petition is disposed off. Parties to act on the copy of this order 3 ARBP1254/10 duly authenticated by the Associate / Private Secretary of this Court. Certified copy expedited. ( JUSTICE D.K. DESHMUKH )