Authority: High Court of Judicature at Bombay
Order Date: September 9, 2026
Case Overview
- Applicant: Kotak Mahindra Bank, represented by Deputy Manager Poonam Pawar and counsel Mr. Bijal Gogri (i/b GNP Legal).
- Respondent: Nurani P Venkatesh.
- Arbitration Application No.: 329 of 2026 filed in the Bombay High Court (Ordinary Original Civil Jurisdiction).
- The applicant initially sought permission to withdraw the arbitration application on the ground that the parties had amicably resolved their dispute.
- The applicant further requested liberty to file a fresh arbitration application, citing a default committed by the respondent.
Final Outcome
- The court dismissed the application to withdraw the arbitration proceeding.
- The court granted the applicant liberty to file a fresh arbitration application as prayed.
Topics: Arbitration, Banking Dispute