IN THE HIGH COURT OF JUDICATURE AT BOMBAY IN THE HIGH COURT OF JUDICATURE AT BOMBAY IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION ORDINARY ORIGINAL CIVIL JURISDICTION ORDINARY ORIGINAL CIVIL JURISDICTION ARBITRATION PETITION NO.26 OF 2009. ARBITRATION PETITION NO.26 OF 2009. ARBITRATION PETITION NO.26 OF 2009. Kotak Mahindra Bank Ltd. ..Petitioner versus Vishal V. Bandekar & Another ..Respondents Mr.Mehta for the petitioner CORAM : R.Y.GANOO, J. CORAM : R.Y.GANOO, J. CORAM : R.Y.GANOO, J. DATED : 24th February, 2009. DATED : 24th February, 2009. DATED : 24th February, 2009. P.C. 1. Ad-interim Order dated 11.12.2008 in terms of prayer clause (c) has been granted. 2. Having considered the entire matter, I am of the view that right now this petition can be disposed of appointing Receiver in respect of the said vehicle with further direction that if Receiver takes possession of the said vehicle the petitioner will be able to move this Court for further and other appropriate Order for taking out fresh application under Section 9 of the Arbitration and Conciliation Act, 1996. Hence the Order. ORDER -2- i. Receiver is appointed in terms of prayer clause (c) in regard to the said vehicle. ii. If the Receiver seizes the said vehicle he shall retain the custody of the same with him with arrangement of the petitioner and the petitioner will be at liberty to apply for further and appropriate Order by taking out fresh application under Section 9 of the Arbitration and Conciliation Act, 1996. The Arbitration Petition stands disposed of in above terms with no order as to costs. (R.Y.Ganoo, J.) (R.Y.Ganoo, J.) (R.Y.Ganoo, J.)