1 arbp299-11g vai IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION ARBITRATION PETITION NO.299 OF 2011 Kotak Mahindra Prime Ltd. ....Petitioner V/s. Vinit Vijay Kumar & Ors. ....Respondents WITH ARBITRATION PETITION NO.300 OF 2011 Kotak Mahindra Prime Ltd. ....Petitioner V/s. Venture Business Advisors Pvt. Ltd. & Ors. ....Respondents WITH ARBITRATION PETITION NO.301 OF 2011 Kotak Mahindra Prime Ltd. ....Petitioner V/s. Vinit Vijay Kumar & Ors. ....Respondents WITH ARBITRATION PETITION NO.302 OF 2011 Kotak Mahindra Prime Ltd. ....Petitioner V/s. Vinit Vijay Kumar & Ors. ....Respondents Mr.Ramakant Yadav i/b RHY Juris Law Associates for the Petitioner. Mr.Jamshed Ansari for the Respondents. CORAM : S.J. VAZIFDAR, J. DATE : 11TH APRIL, 2011. P.C. :- 2 arbp299-11g 1. The learned counsel appearing on behalf of the respondents states that Venture Business Advisors Pvt. Ltd. (Respondent No.2 in Petition Nos.299 of 2011, 301 of 2011 and 302 of 2001) has for all practical purposes ceased to carry on business. Temptation Foods Ltd. (Respondent No.3 in the above Petitions is the guarantor of the loans advanced by the petitioner to respondent Nos.1 and 2. Respondent No.1 (In Petition No.299 of 2011) is at present in Tihar Jail. 2. The only contention is that as the venue of the arbitration is at Chennai, this Court has no jurisdiction to entertain and try these petitions. The submission is not well founded. The jurisdiction of a Court does not depend upon the agreed venue between the parties of the arbitration. In view thereof, I did not permit the petitioners time to file the affidavit in rejoinder and instead permitted them to proceed on the basis of denials. 3. In the circumstances, each of the above petitions are disposed of by the following order :- i) The above petitions are made absolute in terms of prayers (a), (c) and (d). The Court Receiver shall appoint an agent in respect of the said vehicles on the usual terms and conditions including as to security and royalty. ii) The respondents shall forthwith inform the Court Receiver in writing the location of the vehicles. iii). The Prison Authorities are requested to permit respondent No. 1 to Arbitration Petition No.299 of 2011 to give instructions to his lawyer regarding the location of the vehicles referred to in Exhibit “F” to the petitions.