1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION APPEAL NO.1136 OF 2010 IN ARBITRATION PETITION NO.247 OF 2008 Mihir Deepak Mehta .. Appellant V/s Silkon Fabrics Pvt.Ltd.& Anr. .. Respondents Mr.Pankaj S.Shah for the Appellant. Mr.L.V.Jain for the Respondents. CORAM: D.K.DESHMUKH & R.G.KETKAR, JJ. DATE: 19th July, 2011. P.C.: 1. Admit. By consent of the parties appeal is heard finally and is disposed of in the following terms; (i) The award dated 11.06.2007 made by the Arbitral Tribunal as also the order dated 04.10.2010 made in the Arbitration Petition No.247 of 2008 shall stand set aside on the Appellant depositing in this Court, with due intimation to the Respondents, an amount of Rs.4 lakhs within a period of four weeks from today. (ii) On the amount being deposited by the Appellant in 2 this Court, it be invested in any of the nationalised bank. (iii) By consent of the parties, Mr.I.G.Shah, learned retired Judge of this Court is appointed as an Arbitrator. (iv) Disposal of the amount deposited shall be as per the order that the learned Arbitrator may make. (v) The disputes between the parties, which are subject matter of this appeal, are referred to the decision of the learned Arbitrator. 2. In view of disposal of Appeal, Notice of Motion No.1844 of 2011 is disposed of. (R.G.KETKAR, J.) (D.K.DESHMUKH, J.)