AMBIT URBANSPACE vs PODDAR APARTMENT CO OPERATIVE HOUSING SOCIETY LIMITED

CARBPL.38696.2024 Final.doc IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION IN ITS COMMERCIAL DIVISION COMMERCIAL ARBITRATION PETITION (L) NO.38696 OF 2024 Ambit Urbanspace …Petitioner Versus Poddar Apartment Co-operative Housing Society Limited & Ors. …Respondents Mr. Mayur Khandeparkar a/w. Mr. Santosh Pathak a/w. Ms. Namita Natekar & Ms. Archana Karmokar i/b. M/s. Law Origin, Advocates for Petitioner. Mr. Amogh Singh a/w. Mr. Nimish -Lotlikar i/b. Mr. Nimish Lotlikar, Advocates for Respondent No.1-Society. Mr. Ashish Kamat, Senior Advocate a/w. Mrs. Pooja Kane, Mr. Jitendra Jain & Mr. Rohit Bamne i/b. Mr. Yogesh Adhia, Advocates for Respondent Nos.2 to 4. Mr. Vishal Kanade a/w. Monil Punjabi i/b. Mr. Sandeep Mahadik & Mr. Narayan G. Samant and Duhita Desai, Advocate for Respondent Nos.5, 7 & 8. CORAM : SOMASEKHAR SUNDARESAN, J. RESERVED ON : JANUARY 21, 2025. PRONOUNCED ON : APRIL 1, 2025. JUDGEMENT: Context and Factual Background: 1. This is a Petition under Section 9 of the Arbitration and Conciliation Act, 1996 (“the Act”) filed by Ambit Urbanspace (“Developer”), which has 2. At the outset, it is worth mention that this is not a conventional cas