RAVI RAGHUNATH KHANJODE AND 23 ORS. vs HARASIDDH CORPORATION

Neeta Sawant FC-ARB.PETITON. 95 OF 2024 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION ARBITRATION PETITION NO.95 OF 2024 Digitally Shri. Ravi Raghunath Khanjode signed by NEETA NEETA SHAILESH & Ors. …..Petitioners SHAILESH SAWANT SAWANT Date: : Versus : 2025.11.19 18:49:05 +0530 Harasiddh Corporation ….Respondent Mr. Sanjay Jain with Mr. Yogesh Naidu, Ms. Eden Ribeiro & Mr. Talha Sid- diqui i/b Mr. Sanil Gada, for Petitioner Mr. D.D. Madon, Senior Advocate with Mr. Gaurav Mehta, Ms. Shamima Taly, Ms. Sehyr Taly & Mr. Aziz Mohd. i/b S. Mahomedbhai & Co., for Re- spondent CORAM : SANDEEP V. MARNE, J. Reserved on: 12 NOVEMBER 2025. Pronounced On: 19 November 2025. JUDGMENT: 1) This Petition is filed under Section 34 of the Arbitration and Conciliation Act, 1996 (Arbitration Act) setting up a challenge to the Award dated 29 March 2022 passed by the learned sole Arbitrator. By the impugned Award, the learned Arbitrator has issued a declaration that the Agreement dated 10 July 1981 and the Tripartite Memorandum of Understanding dated 30 July 1997 are valid subsisting and binding on the Petitioner. The learned Arbitrator has further declared that the Agree