1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION ARB. PETITION 161 OF 2010 L.& T. Finance Limited ..... Petitioner vs. Mr.Henry D Souza & Ors. ’ ..... Respondents Mr. Disha Karambar, Advocate for Petitioner Mr. B.G. Saraf, Advocate for respondents. CORAM : V.M. KANADE, J. DATED : 26th February,2010. PC : 1. Learned counsel appearing on behalf of the respondents submits that he is willing to deposit the entire balance amount which is due and payable i.e. Rs.3,05,000/- before this Court on or before 31st March 2010. Learned counsel appearing on behalf of the petitioner on the other hand after taking instructions submits that the said amount, which is now payable on account of penal interest, which is charged for default in paying the instalments comes to Rs.4,36,817/-. The learned counsel appearing on behalf of the respondents submits that he is willing to pay Rs3,05,000/- which includes interest on or before 31st 2 March 2010 with the petitioner herein. That being the position, in my view, so far as the balance claim of Rs.1,36,000/- is concerned, the same can be adjudicated by the Arbitrator. In view of the statement, the petition is disposed of. 2. It is clarified that if the amount of Rs.3,05,000/- is not deposited by the respondents on or before 31st March 2010, the petitioners are at liberty to apply for further ad-interim reliefs. (V.M. Kanade, J.)