L&T Finance Wins Withdrawal of Arbitration Petition

Authority: High Court of Judicature at Bombay

Order Date: October 1, 2026

Case Overview

• Parties: Petitioner L and T Finance Limited (formerly L and T Housing Finance Ltd.) vs Respondents Suresh Wasudeo Patankar & Ors.
• Petition: Arbitration Petition No. 465 of 2026 filed in the High Court of Bombay.
• Counsel: Ms. Sarita Chaudhary i/b Ms. Priti Mahajan appeared on behalf of the petitioner.
• Petitioner's Request: Permission to withdraw the present petition with liberty to file a fresh petition.

Final Outcome

• The Court, by Justice Amit Borkar, granted the petitioner's request, dismissed the arbitration petition as withdrawn, and allowed the petitioner liberty to file a fresh petition.

Topics: Arbitration Withdrawal, Corporate Litigation