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Bombay High Court

Kotak Mahindra Bank through Deputy Manager Poonam PawarversusNurani P Venkatesh

Decided
Disposal
Disposed off as Withdrawn

Holding

The application is dismissed with liberty to file a fresh arbitration application.

Summary

Kotak Mahindra Bank filed an arbitration application against Nurani P Venkatesh. The bank, through its counsel, sought permission to withdraw the application on the basis that the parties had amicably resolved their dispute. Simultaneously, the bank requested liberty to file a fresh arbitration application, alleging a default by the respondent. The court examined whether it could entertain both the withdrawal and the request for a fresh filing. It dismissed the original application but granted the liberty to file a new one, thereby allowing the bank to pursue fresh proceedings.

Issues considered

  • Whether the court may permit withdrawal of an arbitration application on the ground of amicable settlement
  • Whether the court may grant liberty to file a fresh arbitration application after dismissal of the original

Subjects

  • Arbitration
  • Withdrawal of application
  • Fresh application
  • Default
  • Civil procedure

Judgment

                                                                                   1-ARBAP-329-2026.doc


                        Vivekanand
                                 IN THE HIGH COURT OF JUDICATURE AT BOMBAY
           Digitally
           signed by
           VIVEKANAND
                                     ORDINARY ORIGINAL CIVIL JURISDICTION
VIVEKANAND RAJENDRA
RAJENDRA   BONDE
BONDE      Date:
           2026.09.09
           18:24:26
           +0530
                                     ARBITRATION APPLICATION NO.329 OF 2026

                        Kotak Mahindra Bank through Deputy
                        Manager Poonam Pawar                          … Applicant
                                   V/s.
                        Nurani P Venkatesh                            … Respondent

                        Mr. Bijal Gogri i/b GNP Legal, for the Applicant.


                                                     CORAM      : AMIT BORKAR, J.

                                                     DATED      : SEPTEMBER 9, 2026
                        P.C.:

                        1.      Learned Advocate for the Applicant, on instructions, seeks
                        permission to withdraw the Application on the ground that the
                        parties have amicably resolved their dispute.

                        2.      However, in view of the default committed by respondent,
                        the applicant seeks liberty to file a fresh application.

                        3.      Hence, application is dismissed with liberty as prayed.



                                                                       (AMIT BORKAR, J.)




                                                           1


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