1 JPP IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION ARBITRATION PETITION NO. 469 OF 2010 L and T Finance Ltd. ... Petitioners. V/s. Niroj Kumar Senapathy and Ors. ... Respondents. Ms. Disha Karambar for the Petitioner. None for the Respondents. CORAM : R.Y. GANOO, J. DATED : 08th JUNE 2010. P.C. :- Affidavit of service is filed. The Respondents are served. The Respondents have failed to comply with the monetary liability. The Petitioners want interim reliefs in terms of the Petition till the disposal of the Arbitration proceedings. 2. After having considered the merits of the matter, I am inclined to observe that Respondent No.1 will have to be restrained from creating third party rights and/or parting with the possession in regard to the equipment mentioned at Exhibit ‘F’ to the Petition. 2 3. The Respondents can also be directed to furnish list of movable and immovable properties held by them as of 1st June 2010. Similarly, if the Petitioners have under the loan agreement power to take possession of the equipment at Exhibit ‘F’ for the purposes of recovering the dues, the Petitioners can be permitted to do so. 4. Hence, following order is passed to dispose of this Petition :- (i) Till the disposal of the Arbitration proceedings, Respondent No.1 is restrained from creating third party rights and/or parting with possession in regard to equipment set out in Exhibit ‘F’. (ii) The Respondents are directed to serve upon Petitioners a list of assets held by them as of 1st June 2010. If the Petitioners have under the loan agreement power to take possession of equipment at Exhibit ‘F’ without reference to the Court, they are free to do so. (iii) If Police assistance is required, the Petitioners shall approach the concerned Police Station. Upon payment of necessary charges to the Police as per Rules, the Police assistance shall be provided. 3 5. The Petition is disposed of within above terms with no order as to costs. 6. All concerned parties to act on the basis of authenticated copy of this order duly authenticated by the Associate of the Court. (R.Y. GANOO, J.)