- 1 - IN IN IN THE HIGH COURT OF JUDICATURE AT BOMBAY THE HIGH COURT OF JUDICATURE AT BOMBAY THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORDINARY ORDINARY ORIGINAL CIVIL JURISDICTION ORIGINAL CIVIL JURISDICTION ORIGINAL CIVIL JURISDICTION jmi ARBITRATION PETITION NO.347 OF 2008. Jignesh Mulchand Shah. ..Petitioner. vs. Samir Mulchand Shah. ..Respondent. .... Mr.A.S.Uraizee & Mr.M.V. Singh, for the Petitioner. Mr.H.C.Toor with N.C.Pareikh, i/b. M/s. Mansukhlal Hiralal & Co., for the Respondent. .... CORAM CORAM CORAM: S.J.KATHAWALLA, J. S.J.KATHAWALLA, J. S.J.KATHAWALLA, J. DATE DATE DATE : 23RD JANUARY 2009 : 23RD JANUARY 2009 : 23RD JANUARY 2009. P.C.: P.C.: P.C.: . This petition is filed by the petitioner under section 9 of the Arbitration and Conciliation Act, 1996 seeking various reliefs against the respondent. The petitioner has restricted his relief only in respect of prayer clause 4 of the petition which reads as under :- "(iv) That in furtherance of the order dated 2-11-2007 this Hon’ble Court may be pleased to pass the order and direct to de-freeze the Firm’s Current Bank Account No.1432320001429 in the HDFC Bank Ltd. at Crawford Market Branch, Mumbai, to the extent of Rs.24,98,240/- and release and handover the deposited amount of Rs.24,98,240/- towards the stock value of 50% equivalent to the share of the petitioner" 2. The respondent has no objection if the petitioner is allowed to withdraw Rs.24,98,240/- being his 50% share towards the stock of the partnership firm which - 2 - admittedly has stopped carrying on any business. Parties agree that they will write a letter to their respective arbitrators calling for a meeting. 3. Needless to add that this order is without prejudice to the rights and contentions of both the parties. 4. In view thereof, petition stands disposed of. [S.J.KATHAWALLA, [S.J.KATHAWALLA, [S.J.KATHAWALLA, J.] J.] J.]