URBAN INFRASTRUCTURE REAL ESTATE FUND vs BHAVIK RASHMI BHIMJYANI AND 4 ORS.

Judgment text excerpt

37.20-coma.doc IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION COMMERCIAL APPEAL NO. 37 OF 2020 IN COMMERCIAL ARBITRATION PETITION NO.1278 OF Digitally signed by 2019 BASAVRAJ BASAVRAJ GURAPPA WITH GURAPPA PATIL PATIL Date: INTERIM APPLICATION NO. 2137 OF 2019 2025.04.02 15:23:28 +0530 Urban Infrastructure Real Estate Fund .. Appellant Versus Neelkanth Realty Private Ltd. & Ors. .. Respondents WITH COMMERCIAL APPEAL NO. 40 OF 2020 IN COMMERCIAL ARBITRATION PETITION NO. 1260 OF 2019 WITH INTERIM APPLICATION NO. 2140 OF 2019 Urban Infrastructure Real Estate Fund .. Appellant Versus Bhavik Rashmi Bhimjyani & Ors. .. Respondents WITH COMMERCIAL APPEAL NO. 38 OF 2020 IN COMMERCIAL ARBITRATION PETITION NO.1312 OF 2019 WITH INTERIM APPLICATION NO. 2138 OF 2019 Urban Infrastructure Real Estate Fund .. Appellant Versus Rashmi Chunilal Bhimjyani & Ors. .. Respondents Mr. Fredun Devitre, Senior Advocate a/w Mr. Aditya Bapat, Mr. Siddharth Joshi, Mr. Hamd Bhati i/by Junnnarkar & Associates for Appellant. 1 37.20-coma.doc Mr. Venkatesh Dhond, Senior Advocate a/w Runali Samgiskar i/by Law Charter for Respondent No.1 in COMAP/37/2020 and for Respondent No.5 in COMAP/38/2020 and COMAP/40/2020. Ms. Gulnar Mistry, Mr. Saket Mone, Mr. Subit Chakrabarti, Mr. Shrey Shah and Mr. Bhupen Garud i/b Vidhi Partners for Respondent nos.1 and 2 in COMAP/38/2020 and COMAP/40/2020 and for Respondent nos.2 and 5 in COMAP/37/2020. Mr. Akshay Petkar for Respondent Nos.3(a) to 3(d) and Respondent No.4 in all Appeals CORAM : ALOK ARADHE, CJ. & M.S. KARNIK, J. RESERVED ON : 27th MARCH, 2025 PRONOUNCED ON : 2nd APRIL, 2025 JUDGMENT [PER : CHIEF JUSTICE] These appeals filed under Section 37 of the Arbitration and Conciliation Act, 1996 (1996 Act) emanate from a common order date