Shree Naman Developers Private Limited vs Premier Textile Processors

F-OJ-11-IAL-16259-2025+.doc IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INTERIM APPLICATION (L) NO. 16259 OF 2025 WITH INTERIM APPLICATION (L) NO. 16200 OF 2025 IN COMMERCIAL ARBITRATION PETITION (L) NO. 16197 OF 2025 Shree Naman Developers Private Limited ...Applicant/ Petitioner Versus Premier Textile Processors ...Respondent Mr. Akshay Doctor, a/w Sahil Harjani, Aradhana More, i/b Desai & Diwanji, for the Applicant. Mr. Vikram Nankani, Senior Advocate, for Petitioner. Mr. Gaurav Joshi, Senior Advocate,(through VC), a/w Shrey Fatterpekar, Ameet Mehta, Nirav Marjadi, Aditya Bhatt, Srushti Mehta, Rebha Dogra, Sujith Suresh, Torsa De, Khushal Harnesha, i/b Solicis Lex, for Respondent. CORAM : SOMASEKHAR SUNDARESAN, J. DATE : JULY 4, 2025 Oral Judgement: Context and Factual Background: 1. This Petition is an appeal filed under Section 37 of the Arbitration ASHWINI JANARDAN and Conciliation Act, 1996 (“the Act”) impugning an order (originally VALLAKATI 2. The core challenge made by the Petitioner, Shree Naman Developers Private Limited (“Naman”) is that the Learned Arbitral Tribunal grossly erred in not factoring in two adjustments of amounts propose