ARBP.419-2008 acd IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION ARBITRATION PETITION NO. 419 OF 2008 Jaspreetsingh Daljeetsingh Gurudatta & Anr. ...Petitioners V/s. Kotak Mahindra Bank Limited & Anr. ...Respondents. -- Mr. A.M. Joshi i/b Ms. Lalita Panchakshari, for Petitioners. Mr. Ashish Kamat i/b M/s V. Deshpande & Co., for Respondent No.1.. -- CORAM : S.J. VAZIFDAR, J. DATE : 28TH OCTOBER, 2010. P.C. :- 1] The present petition is filed under section 34 of the Arbitration and Conciliation Act, 1996 to challenge an award passed by a sole Arbitrator. 2] The matter is similar to that of Arbitration Petition No.418 of 2008 which I had dismissed by an order and judgment dated 26.10.2010. For the same reasons, the present petition is also liable to be dismissed. 3] In the circumstances, the present arbitration petition stands dismissed, with no order as to costs. However, the order is stayed for a period of eight weeks to enable the petitioners to challenge the same.