1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY O. O. C. J. ARBITRATION PETITION NO.132 OF 2008 WITH ARBITRATION PETITION NO.134 OF 2008 Sunil Kumar Kapur. ...Petitioner. Vs. Sushil Kumar Kapur & Ors. ...Respondents. .... Mr.S. U. Kamdar with Mr. S.P. Kanuga for the Petitioner. Mr. Virag Tulzapurkar with Ms.Saumya Srikrishna i/b. Vigil Juris for the Respondent Nos.1 and 3. Mr. Mehta for Responden No.2. ..... CORAM :DR.D.Y.CHANDRACHUD, J. March 27, 2008. P.C.: On the request of Learned Counsel for the parties and at their request, the following order is passed by consent: 1. All the differences and disputes between the parties governed by the provisions of Clause 15 of the Deed of Partnership in Arbitration Petition 132 of 2008 and clause 14 of the Deed of 2 Partnership in Arbitration Petition 134 of 2008 shall stand referred to the arbitration of Shri Ketan D. Parikh, Learned Advocate practicing before this Court, who shall act as an Arbitrator under the Arbitration and Conciliation Act, 1996; 2. Parties shall within a period of three weeks from today, prepare a joint inventory of the stocks lying in the premises of the respective Partnership Firms; and within a period of two weeks thereafter, either of the parties would be at liberty to furnish an offer for the purchase of the inventory which is lying in the premises of the respective Partnership Firms. The stock shall be sold to the highest bidder. 3. A statement of the Bank Account for the period commencing from 1st April 2007 till 31st March 2008 shall be furnished to all the parties within a period of two weeks from today. 4. Upon the stock being sold, the amount so realised shall be 3 deposited in the Bank Account of the Partnership Firms. Since this is an order passed by consent, the Court has been informed that no reasons need be recorded. The Arbitration Petitions stand disposed of in the above terms. .....