1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY O.O.C.J. ARBITRATION PETITION (LODGING) NO.812 OF 2009 Global Trade Finance Limited., its registered office at Metropolitan Building, 6th floor, Bandra Kurla Complex,Bandra(E), Mumbai 400 051. .... Petitioner vs 1 Dragon Power Tools Private Limited 2 Mount Abu Holdings Pv t.Ltd. ... Respondents Mr.Prasad Das i/b. Goenka Law Associates for the petitioner. None for the respondents. CORAM: ANOOP V. MOHTA, J. DATE : 30th September, 2009 ORAL JUDGMENT: 1 The petitioner has invoked Section 9 of the Arbitration and Conciliation Act, 1996 (for short, the Act) as the respondents have committed default in making the due payment towards the personal loan as per the agreement. None appeared for the respondents. Affidavit of service dated 15.09.2009 is filed. 2 The averments made in the Petition, therefore, remained uncontroverted. It also covers the apprehension so raised. In view of this, the petitioner has made out a prima facie case of interim injunction/relief, pending the Arbitral proceedings. 3 By order dated 24.08.2009, in view of the above, this Court already 2 granted prayer clause (d) for item No.1 only. As there is no denial, I am inclined to confirm the same. 4 The liberty is granted to the respondents to settle the matter and/or furnish appropriate security to the satisfaction of the petitioner. The liberty is also granted to the respondents to raise appropriate plea or defence before the Arbitral Tribunal, if so constituted. The liberty is also granted to the respondents to apply for appropriate order or modification. 5 The Petition is, accordingly, allowed in terms of prayer clause (d) for item No.1 only, with liberty. No order as to costs. (ANOOP V. MOHTA, J.)