1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION ARBITRATION PETITION NO. 627 OF 2009 Y.T. Entertainment Limited ...Petitioner. Vs. M/s. Majestic Pictures & Anr. ...Respondents. Mr. S.U. Kamdar, Sr. Counsel i/by M/s. Thakore Jariwala & Associates for the Petitioner. Mr. L.H. Patil for the Respondents. CORAM :- ANOOP V. MOHTA, J. DATED :- 7th October, 2009. P.C.- 1 The Petitioner has invoked Section 9 of the Arbitration and Conciliation Act (for short, the Act) for seeking various interim reliefs/ securities in view of the agreement between the parties. The Respondents have filed an affidavit and basically the amount would extent above Rs. 25,00,000/- and the liability to pay to the Petitioner is not in serious dispute. The reason for not utilizing the amount within prescribed period as per agreement, is a matter of detailed trial. At this stage, as this amount of Rs.25,00,000/- is due and payable, though the film production is in progress. 2 Considering the averments made and as there is delay, I am inclined 2 to direct the Respondents to furnish the security to the extent of amount of Rs.25,00,000/-, subject to the satisfaction of the petitioner on or before 02/12/2009. 3 In view of this, there is nothing survives in this petition. The Petition is accordingly allowed, with liberty. No order as to costs. (ANOOP V. MOHTA, J.)