Dealmoney Commodities P Ltd formerly Dealmoney Securities P Ltd vs Vijay Vithal Sawant

Judgment text excerpt

Carbpl-1665-2025 & 1700-2025 Digitally signed by SHAGUFTA IN THE HIGH COURT OF JUDICATURE AT BOMBAY SHAGUFTA QUTBUDDIN QUTBUDDIN PATHAN ORDINARY ORIGINAL CIVIL JURISDICTION PATHAN Date: 2026.02.17 IN ITS COMMERCIAL DIVISION 18:43:40 +0530 COMMERCIAL ARBITRATION PETITION (L) NO. 1665 OF 2025 Dealmoney Commodities P. Ltd (Formerly Dealmoney Securities P. Ltd. Plot no. A-356/357, Road No. 26, Wagle Industrial Estate, MIDC, ...Petitioner Thane West, Thane – 466 604 Versus Vijay Vithal Sawant 201 Om Tower, Rajesh Nagar, Nagar J B Khoy High Court, Saibaba Nagar, Borivali West, ...Respondent Mumbai - 400092 WITH COMMERCIAL ARBITRATION PETITION (L) NO. 1700 OF 2025 Dealmoney Commodities P. Ltd (Formerly Dealmoney Securities P. Ltd. Plot no. A-356/357, Road No. 26, Wagle Industrial Estate, MIDC, ...Petitioner Thane West, Thane – 466 604 Versus Pradnya Vijay Sawant 201 Om Tower, Rajesh Nagar, Nagar J B Khoy High Court, Saibaba Nagar, Borivali West, ...Respondent Mumbai - 400092 Amol/SQ Pathan 1/23 Carbpl-1665-2025 & 1700-2025 WITH INTERIM APPLICATION (L) NO. 1904 OF 2025 IN COMMERCIAL ARBITRATION PETITION (L) NO. 1700 OF 2025 Dealmoney Commodities P. Ltd ...Applicant Versus Pradnya Vijay Sawant ...Respondent —————— Mr. Kunal Katariya, a/w, Ashmita Goradia, i/b, Prakruti Joshi, for the Petitioner. Mr. Suneet Moholkar, for the Respondent. —————— CORAM : SHARMILA U. DESHMUKH, J. RESERVED ON : JANUARY 19, 2026 PRONOUNCED ON : FEBRUARY 17, 2026 JUDGMENT. : 1. The Petitions filed under Section 34 of The Arbitration and Conciliation Act, 1996 (for short Arbitration Act) challenge the Award dated 9th October, 2024 passed by the Appellate Panel of Arbitrators constituted under the Bye-laws of National Stock Exchange of India Limited. 2. The Respondent in these Petitions are husband and wi