Bombay High Court

MAHESH DHANJANIversusASSET RECONSTRUCTION COMPANY (INDIA) LIMITED

Decided: 17 June 2026
Disposal: WITHDRAWN
Bench: SHARMILA U DESHMUKH

Holding

The petition is disposed of as withdrawn.

Summary

Mahesh Dhanjani filed Commercial Arbitration Petition No. 309 of 2022 before the High Court of Bombay against Asset Reconstruction Company (India) Limited. The petitioner, through counsel, sought permission to withdraw the petition. The court noted that no dues certificate was tendered and recorded it on the file. Accordingly, the court ordered the petition to stand disposed of as withdrawn and directed refund of court fees as per the rules. No further matters remained for consideration, and any pending applications, if any, were also dismissed.

Issues considered

Whether the petitioner is entitled to withdraw the commercial arbitration petition at this stage
Whether the court should order refund of court fees upon withdrawal

Subjects

withdrawal of petition
commercial arbitration
court fees refund
High Court of Bombay

Judgment

2026:BHC-OS:13300

                                                                      21 CARBP-309-2022.doc


                             IN THE HIGH COURT OF JUDICATURE AT BOMBAY
                                  ORDINARY ORIGINAL CIVIL JURISDICTION

                          COMMERCIAL ARBITRATION PETITION NO. 309 OF 2022

                Mahesh Dhanjani                                      ...Petitioner
                          Versus
                Asset Reconstruction Company (India) Limited         ...Respondent

                                             ——————
                Mr. Nadeem Shama, Mr. Salman Athania i/b Pan India Legal Services LLP
                for Petitioner.
                Mr. Pranav Kamble i/b Arete Juris LLP for Respondent.
                                             ——————

                                             CORAM : SHARMILA U. DESHMUKH, J.
                                             DATE     : 17th June, 2026


                P. C. :

                1.        Learned counsel appearing for Petitioner, on instructions, seeks

                permission to withdraw the Petition.

                2.        No Dues Certi1cate is tendered and is taken on record.

                3.        The Petition stands disposed of as withdrawn.

                4.        Refund of Court-fees as per rules.

                5.        In view of above, nothing survives for consideration in pending

                applications, if any, and the same stand disposed of.




                                                         [SHARMILA U. DESHMUKH, J.]


                Sairaj                               1 of 1

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