1 JPP IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION ARBITRATION PETITION NO. 162 OF 2010 L and T Finance Ltd. ... Petitioners. V/s. Jasvinder Kaur w/o. Pardeep Singh and Anr. ... Respondents. Ms. Disha Karambar for the Petitioners. None for the Respondents. CORAM : R.Y. GANOO, J. DATED : 29th JUNE 2010. P.C. :- Affidavit of service is filed. Respondent No.1 is not served. Respondent No.2 is served as he has refused to accept. 2. Looking to the nature of reliefs in this Petition, the Petition can be disposed of as the guarantor has been served who could have informed the principal borrower about the fact of filing of this Petition and Respondent No.1 has not come forward. 2 3. The Court is informed that the Arbitration proceedings are pending. Hence, at this stage the relief which can be granted to the Petitioners is to see that Respondent No.1 does not create third party rights and/or part with possession in regard to the vehicle described at Exhibit ‘G’ to the Petition. Hence, following order is passed to dispose of the Petition :- (i) Pending the hearing and final disposal of the Arbitration proceedings, Respondent No.1 is restrained from creating third party rights and/or parting with possession in regard to the vehicle disclosed in Exhibit ‘G’. (ii) There shall be no order as to costs. (R.Y. GANOO, J.)