Jai Gopal Krishna Co operative vs Vitrag Infra Projects LLP

13.CARBPL.20999.2025.doc IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION COMMERCIAL ARBITRATION PETITION (L) NO.20999 OF 2025 Jai Gopal Krishna CHSL & Ors. ...Petitioners Versus Vitrag Infra Projects LLP ….Respondent Mr. Gauraj Shah a/w. Ms Aakansha Anand & Ms Sweta Jalgaonkar i/b. Mahesh Menon & Co., for Petitioners. Mr. Nikhil Seth, for Respondent. CORAM: SOMASEKHAR SUNDARESAN, J. DATE : FEBRUARY 27, 2026 ORAL JUDGEMENT: Context and Factual Background: 1. This is a Petition filed under Section 37 of the Arbitration and Conciliation Act, 1996 (“the Act”) impugning an Order dated June 24, 2025, passed by the Learned Sole Arbitrator making certain arrangements for interlocutory reliefs in connection with arbitration of disputes arising over a Development Agreement dated December 31, 2021 (“Development Agreement”). 2. Petitioner No.1, Jai Gopal Krishna Co-operative Housing Society Limited (“Society”) comprises 20 members in respect of a building comprising ground plus four storeys, constructed in 1979-80. Petitioner No.2, Raju Lokumal Achpilia and Petitioner No.3, Haresh Lokumal Achpilia (“Land Owners”) are the original Land Owners on whose land, the bu