SUNTECK REALTORS PRIVATE LIMITED vs BANDRA SEA BREEZE APARTMENT CO OPERATIVE HOUSING SOCIETY LIMITED

10-CARBPL-30532 OF 2025-OJ.doc IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION IN ITS COMMERCIAL DIVISION COMMERCIAL ARBITRATION PETITION (L) NO. 30532 OF 2025 Sunteck Realtors Private Limited …Petitioner Versus Bandra Sea Breeze Apartment Co-operative …Respondent SHRADDHA KAMLESH Housing Society Limited TALEKAR 1. This is a Petition filed under Section 9 of the Arbitration and Conciliation Act, 1996 (“the Act”) in connection with redevelopment of a building envisaged under an instrument titled “Memorandum of Agreed Terms” dated January 29, 2024 (“MOAT”) executed between the Petitioner, Sunteck Realtors Private Limited (“Developer”) and the October 6, 2025 Shraddha 10-CARBPL-30532 OF 2025-OJ.doc Respondent, Bandra Sea Breeze Apartment Co-Operative Housing Society Limited (“Society”). 2. The redevelopment would cover one building occupied by the members of the Society, comprising 16 flats of 16 members including one terrace flat; two buildings occupied by tenants; and two garages and ancillary structures. The parties had envisaged redevelopment under Regulation 33(7)(B) of the Development Control and Promotion Regulation 2034 and went on to execute the