Bombay High Court
L and T Finance Limited Formerly Known As L and T Housing Finance LimitedversusSURESH WASUDEO PATANKAR
- Decided
- Disposal
- Disposed off as Withdrawn
Holding
The court granted permission to withdraw the arbitration petition and dismissed it as withdrawn.
Summary
L and T Finance Limited filed an arbitration petition against Suresh Wasudeo Patankar & Ors. The petitioner, through counsel, later sought the court's permission to withdraw the petition and to file a fresh one. The court considered the request and granted permission to withdraw the present petition with liberty to file a fresh petition. Consequently, the arbitration petition was dismissed as withdrawn. No substantive merits of the dispute were addressed.
Issues considered
- Whether the court may grant permission to withdraw an arbitration petition and allow filing of a fresh petition
Subjects
- Arbitration
- Petition withdrawal
- Civil Procedure
Judgment
51-ARBP-465-2026.doc
Gayatri
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
GAYATRI
Digitally signed
by GAYATRI
RAJENDRA
ORDINARY ORIGINAL CIVIL JURISDICTION
RAJENDRA SHIMPI
SHIMPI Date:
2026.10.01
17:45:01 +0530
ARBITRATION PETITION NO. 465 OF 2026
L and T Finance Limited Formerly
Known As L and T Housing Finance Ltd. … Petitioner
V/s.
Suresh Wasudeo Patankar & Ors. … Respondents
Ms. Sarita Chaudhary i/b Ms. Priti Mahajan, for
Petitioner.
CORAM : AMIT BORKAR, J.
DATED : OCTOBER 1, 2026
P.C.:
1. The learned Advocate for the Petitioner, on instructions
seeks permission to withdraw the present Petition with liberty to
file a fresh Petition.
2. Permission as prayed for is granted.
3. The Arbitration Petition is dismissed as withdrawn with
liberty as prayed for.
(AMIT BORKAR, J.)
1
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